Indexed Cost – assessees right to receive the flats have been ...
Indexation Cost Should Reflect Original Agreement Date, Not Transfer Year, for Fair Assessment of Flat Transactions.
April 1, 2014
Case Laws Income Tax AT
Indexed Cost – assessees right to receive the flats have been accrued to them on 26.09.1986 itself i.e., the original date of agreement - no justification in adopting the indexation cost from the year 2003 on the ground that transfer has taken place in the said year - AT
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