Case Law Details
Case Name : P. Selvamani Ranjithan Vs ITO (ITAT Chennai)
Appeal Number : ITA No. 576/Chny/2019
Date of Judgement/Order : 12/06/2023
Related Assessment Year : 2010-11
Courts :
All ITAT ITAT Chennai
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P. Selvamani Ranjithan Vs ITO (ITAT Chennai)
In the recent case of P. Selvamani Ranjithan Vs ITO at ITAT Chennai, the burden of proving the non-accrual of capital gains was placed on the assessee. The tribunal has ordered for a re-evaluation of the capital gain assessment in the case, stressing on the assessee’s responsibility to establish evidence to substantiate her claims.
The case centers around the sale of a property that the assessee, P. Selvamani Ranjithan, claims did not resu
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