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2016 (7) TMI 95 - ITAT KOLKATALTCG computation - AO enhancing the income under the head" Long Term Capital Gain" earned during the year in the Intimation U/S 143(1) - Held that:- We find that both the Learned AR and Learned DR fairly agreed for ascertaining of real facts by the Learned AO with regard to the disclosure of LTCG by the assessee from the electronically filed return of income. Accordingly, in the facts and circumstances, we deem it fit and appropriate in the interest of justice and fair play to set aside this issue to the file of the Ld. AO to have a revisit on the impugned issue afresh, by verification of the figures of LTCG in the return vis a vis the workings of the assessee and dispose the issue in accordance with law. Needless to mention that, the assessee should be given reasonable opportunity of being heard. - Decided in favour of assessee for statistical purposes.
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