https://www.taxtmi.com/caselaws?id=432383 The Appellate Tribunal upheld the decision of the ld. CIT(A) regarding the disallowance of deductions under sections 54B and 54F. The appeal filed by the assessee was dismissed due to the appellant's failure to offer capital gains for taxation and provide supporting evidence for deductions. The delay in filing the appeal was condoned as unintentional. The Tribunal also upheld the charging of interest under sections 234A, 234B, and 234C. Penalty proceedings under section 271(1) were not specifically addressed in the judgment. en-us Mon, 02 Jan 2023 00:00:00 +0530 Wed, 04 Jan 2023 08:30:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432383 The Appellate Tribunal upheld the decision of the ld. CIT(A) regarding the disallowance of deductions under sections 54B and 54F. The appeal filed by the assessee was dismissed due to the appellant's failure to offer capital gains for taxation and provide supporting evidence for deductions. The delay in filing the appeal was condoned as unintentional. The Tribunal also upheld the charging of interest under sections 234A, 234B, and 234C. Penalty proceedings under section 271(1) were not specifically addressed in the judgment. Case-Laws Income Tax Mon, 02 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432383