https://www.taxtmi.com/caselaws?id=314277 ITAT set aside the LTCG computation relating to cost of building improvements to the AO for fresh examination after admitting a valuation report (construction valued at Rs.64,35,472) and directed the AO to provide the assessee a reasonable opportunity to be heard; the ground was allowed for statistical purposes. The tribunal also deleted adhoc disallowances of various expenses, finding no specific adverse finding that expenditures were bogus or not incurred for business, and allowed the related appeal grounds. en-us Mon, 10 Jul 2023 00:00:00 +0530 Fri, 26 Sep 2025 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314277 ITAT set aside the LTCG computation relating to cost of building improvements to the AO for fresh examination after admitting a valuation report (construction valued at Rs.64,35,472) and directed the AO to provide the assessee a reasonable opportunity to be heard; the ground was allowed for statistical purposes. The tribunal also deleted adhoc disallowances of various expenses, finding no specific adverse finding that expenditures were bogus or not incurred for business, and allowed the related appeal grounds. Case-Laws Income Tax Mon, 10 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314277