ITAT Sets Aside Rs 11.48 Crore Capital Gains Addition, Remands Case for Fresh Adjudication After Finding Lack of Hearing Opportunity:
The ITAT Bench has set aside a Rs 11.48 crore addition on securities and mutual fund transactions, directing the AO to conduct a fresh assessment after proper verification and a meaningful hearing.
ITAT Lucknow Sets Aside Rs 11.48 Crore Capital Gains Addition
Vanshika verma
Sep 2, 2026
Premium
ITAT Sets Aside Rs 11.48 Crore Capital Gains Addition, Remands Case for Fresh Adjudication After Finding Lack of Hearing Opportunity
The ITAT Bench has set aside a Rs 11.48 crore addition on securities and mutual fund transactions, directing the AO to conduct a fresh assessment after proper verification and a meaningful hearing.
Also Read
Rakul Preet Singh, Vashu Bhagnani Face IT Scrutiny as Mumbai Raids Probe Financial IrregularitiesITAT Allows Tata Steel’s Rs 813.65 Crore Interest Expenditure Deduction Claim, Tax Exposure Drops to Rs 1,259 CrorePfizer India Receives Rs 1.26 Crore Penalty Order From Income Tax Department Over Transfer Pricing Audit for FY23ITAT Dismisses Revenue Appeal in Section 153C Limitation Dispute
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
1998My Recent Articles
- Share India Securities Discloses NSE Clearing Penalty for Violation of Market Wide Position Limit Rules
- Rakul Preet Singh, Vashu Bhagnani Face IT Scrutiny as Mumbai Raids Probe Financial Irregularities
- Pfizer India Receives Rs 1.26 Crore Penalty Order From Income Tax Department Over Transfer Pricing Audit for FY23
- CBI Files 21st Chargesheet Against Five Former Promoters/Directors in Homebuyers Fraud Case
- Kirloskar Oil Engines Faces Rs 9.06 Cr GST Demand Over ITC Mismatch
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts