https://www.taxtmi.com/caselaws?id=432282 The Tribunal affirmed the dismissal of the appeal against the assessment order by the National Faceless Appeal Centre. It upheld the addition of short term capital gain in the hands of the assessee, emphasizing the legal ownership of the property and the taxation of capital gain based on registration details. The decision was supported by the son's failure to declare any capital gain, leading to the rejection of the assessee's contentions and the confirmation of the Assessing Officer's addition. en-us Wed, 21 Dec 2022 00:00:00 +0530 Mon, 02 Jan 2023 08:37:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432282 The Tribunal affirmed the dismissal of the appeal against the assessment order by the National Faceless Appeal Centre. It upheld the addition of short term capital gain in the hands of the assessee, emphasizing the legal ownership of the property and the taxation of capital gain based on registration details. The decision was supported by the son's failure to declare any capital gain, leading to the rejection of the assessee's contentions and the confirmation of the Assessing Officer's addition. Case-Laws Income Tax Wed, 21 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432282