TMI BlogNo Capital Gain Tax on Additional FSI Acquired Without Cost Under Development Control Regulations.Capital gain - Cost of acquisition - The additional FSI became available to the assessee due to operation of development control regulation which did not involve any cost. - no capital gain could be charged on the ground that no cost of acquisition was involved in the additional FSI - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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