https://www.taxtmi.com/caselaws?id=58447 The Tribunal dismissed the Department's appeal, upholding the CIT (Appeals) decisions on all grounds, including the inapplicability of Section 52(2) of the IT Act for capital gains, rejection of profit determination based on hypothetical market value under Section 41(2), and the treatment of medical expenses reimbursement and retirement gratuity under Sections 40A(5) and 10(10) respectively. The Tribunal also noted the assistance of counsels for both parties. en-us Mon, 20 Apr 1981 00:00:00 +0530 Mon, 20 Dec 2010 10:58:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58447 The Tribunal dismissed the Department's appeal, upholding the CIT (Appeals) decisions on all grounds, including the inapplicability of Section 52(2) of the IT Act for capital gains, rejection of profit determination based on hypothetical market value under Section 41(2), and the treatment of medical expenses reimbursement and retirement gratuity under Sections 40A(5) and 10(10) respectively. The Tribunal also noted the assistance of counsels for both parties. Case-Laws Income Tax Mon, 20 Apr 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58447