ITAT Sends Rs 28 Crore Tax Addition Back to CIT(A), Directs Fresh Examination of Property Capital Gains and Section 54 Claim:
ITAT remands a Rs 9.28 crore tax dispute to CIT(A) for fresh consideration of property capital gains, acquisition cost and Section 54 deduction claims.
ITAT Remands Rs 9.28 Crore Tax Dispute to CIT(A)
Vanshika verma
Aug 27, 2026
Premium
ITAT Sends Rs 28 Crore Tax Addition Back to CIT(A), Directs Fresh Examination of Property Capital Gains and Section 54 Claim
ITAT remands a Rs 9.28 crore tax dispute to CIT(A) for fresh consideration of property capital gains, acquisition cost and Section 54 deduction claims.
Also Read
High Court Holds No Further Assessment Proceedings Warranted After Earlier Appeal DismissalITAT Deletes Rs 10 Lakh Penalty for Non-Disclosure of Foreign Investment in Schedule FAITAT Remands Rs 1.30 Crore Unexplained Money Addition and Penalty for Fresh HearingITAT Deletes Section 43 Penalty for Non-Disclosure of Foreign Assets in Schedule FA
About Author
Vanshika verma
Content Writer
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
2128My Recent Articles
- Opium Poppy Licence Policy 2026-27: Check Who Can Apply, Minimum Morphine Yield Criteria, and Other Details
- Hindustan Foods Gets Rs 17.15 Lakh GST Demand Order, Says No Material Impact on Financials or Operations
- Centre Announces New Opium Poppy Cultivation Policy for 2026-27, Sets Minimum Yield Benchmark of 800 Kg per Hectare [Read Notification]
- Pratapgarh Police Inspector Death Case: Lucknow Special CBI Court Sentences Accused to 10 Years in Prison
- eMudhra Announces Exit From Global Digital Certificate Business After Major Security Flaw Raises Internet Safety Concerns
Up Next
Loading suggestions…
Recent Posts
All Posts
Tags
Recent Posts
All Posts