AO to Re-examine Capital Gain Computation: Deduction of Land Cost and Related Expenses Under Scrutiny.

Capital gain computation - Deduction of cost of land with expenses for exploitation on land and others - the amount was shown as advance in books of account and not capitalized because the registration was pending - Assessee is having complete documents and information from which it can easily file documentary evidences to AO to prove cost without any difficulty. - Matter restored back to AO - AT .....

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