https://www.taxtmi.com/caselaws?id=761399 ITAT Jaipur remanded the matter to AO regarding Long Term Capital Gain addition under S.50C on agricultural lands. The tribunal found CIT(A) erred by not considering assessee's late-filed details and failed to address that addition was made against assessee's mother for full consideration while property was sold by father. The assessment order under S.144 contained factual discrepancies requiring proper verification. Matter restored to AO for fresh consideration with due opportunity to assessee, without prejudice to merits. en-us Thu, 29 Aug 2024 00:00:00 +0530 Sat, 09 Nov 2024 08:48:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761399 ITAT Jaipur remanded the matter to AO regarding Long Term Capital Gain addition under S.50C on agricultural lands. The tribunal found CIT(A) erred by not considering assessee's late-filed details and failed to address that addition was made against assessee's mother for full consideration while property was sold by father. The assessment order under S.144 contained factual discrepancies requiring proper verification. Matter restored to AO for fresh consideration with due opportunity to assessee, without prejudice to merits. Case-Laws Income Tax Thu, 29 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761399