https://www.taxtmi.com/article/detailed?id=10868 The Tribunal remitted the matter for the appellate authority to record a specific finding on the year of transfer from the appellant to the bank and to recompute long term capital gains after hearing the appellant, because no evidence established transfer timing. The Tribunal also recommended that the Government establish a mechanism to ensure tax recovery on sales of secured assets - from the borrower where possible, and otherwise from the recipient of sale proceeds - to prevent revenue loss when banks or ARCs enforce security sales. en-us Tue, 13 Dec 2022 14:57:45 +0530 Tue, 13 Dec 2022 14:57:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10868 The Tribunal remitted the matter for the appellate authority to record a specific finding on the year of transfer from the appellant to the bank and to recompute long term capital gains after hearing the appellant, because no evidence established transfer timing. The Tribunal also recommended that the Government establish a mechanism to ensure tax recovery on sales of secured assets - from the borrower where possible, and otherwise from the recipient of sale proceeds - to prevent revenue loss when banks or ARCs enforce security sales. Articles Income Tax Tue, 13 Dec 2022 14:57:45 +0530 https://www.taxtmi.com/article/detailed?id=10868