https://www.taxtmi.com/caselaws?id=442588 The Tribunal partly allowed the appeal, holding that the re-assessment proceedings were valid as income had escaped assessment. The disallowance of Rs. 96,850 under "capital gains" was deemed unjustified as the expenses incurred were found genuine. Consequently, the grounds of appeal were partly allowed. en-us Wed, 30 Aug 2023 00:00:00 +0530 Tue, 05 Sep 2023 08:40:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442588 The Tribunal partly allowed the appeal, holding that the re-assessment proceedings were valid as income had escaped assessment. The disallowance of Rs. 96,850 under "capital gains" was deemed unjustified as the expenses incurred were found genuine. Consequently, the grounds of appeal were partly allowed. Case-Laws Income Tax Wed, 30 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442588