TMI BlogValidity of reopening of assessment - year of taxation of capital gain - Petitioner argument that the...Validity of reopening of assessment - year of taxation of capital gain - Petitioner argument that the order of assessment for AY 2016-17 has been challenged in appeal only on the aspect of computation of the capital gain and thus as far as the year of taxability is concerned, the order has attained finality is misconceived since the very doubt entertained by the Officer turns on the question of whether the year of taxability adopted by the petitioner is correct or not. The finality attained by f..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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