Taxpayer Justified in Withdrawing LTCG from Tax Return; No Actual Transfer or Gains, Section 148 Reassessment.

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....Withdrawal of the LTCG in the return filed in response to the notice u/s 148 - Reopening of assessment - When there is no transfer and there is no capital gain arising to the assessee, the same cannot be brought to tax even if the assessee offered it for taxation in his return of income - withdrawal of income justified - AT....