https://www.taxtmi.com/caselaws?id=436217 The ITAT remitted the matter to the Assessing Officer for fresh consideration, emphasizing the illiterate farmer-assessee's right to be properly presented and heard in the proceedings. The ITAT directed a reevaluation of the computation of short term capital gain, highlighting errors in the previous assessment. Additionally, the denial of exemption under section 54F was acknowledged, but the ITAT stressed its authority to review the claim separately. The appellant's plea for fair presentation was recognized, with the ITAT allowing the appeal for statistical purposes to ensure due process. en-us Wed, 05 Apr 2023 00:00:00 +0530 Fri, 07 Apr 2023 08:44:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436217 The ITAT remitted the matter to the Assessing Officer for fresh consideration, emphasizing the illiterate farmer-assessee's right to be properly presented and heard in the proceedings. The ITAT directed a reevaluation of the computation of short term capital gain, highlighting errors in the previous assessment. Additionally, the denial of exemption under section 54F was acknowledged, but the ITAT stressed its authority to review the claim separately. The appellant's plea for fair presentation was recognized, with the ITAT allowing the appeal for statistical purposes to ensure due process. Case-Laws Income Tax Wed, 05 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436217