https://www.taxtmi.com/highlights?id=69829 Long term capital loss - assessee has surrendered the leasehold rights - lease premium was amortized over the period of lease but was not shown as an asset in the income tax depreciation schedule - AO / CIT(A) considered the same as the long term capital loss has escaped assessment - AO directed to ascertain the facts and allow the relief to the assessee as per the CBDT circular - AT en-us Thu, 18 May 2023 08:37:54 +0530 Thu, 18 May 2023 08:37:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69829 Long term capital loss - assessee has surrendered the leasehold rights - lease premium was amortized over the period of lease but was not shown as an asset in the income tax depreciation schedule - AO / CIT(A) considered the same as the long term capital loss has escaped assessment - AO directed to ascertain the facts and allow the relief to the assessee as per the CBDT circular - AT Highlights Income Tax Thu, 18 May 2023 08:37:54 +0530 https://www.taxtmi.com/highlights?id=69829