Sale of flat acquired by her in lieu of surrender of tenancy ...

Market Value of Land at Allotment Date Used for Capital Gains on Flat Sale from Tenancy Rights Surrender.

July 1, 2016

Case Laws Income Tax AT

Sale of flat acquired by her in lieu of surrender of tenancy rights - working out the taxable gains the assessee - AO treated the cost if acquisition as NIL - market value of the plot of land on the date of allotment shall be the cost of acquisition for the purpose of computing capital gains - AT

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Sale of flat acquired by her in lieu of surrender of tenancy ...

Market Value of Land at Allotment Date Used for Capital Gains on Flat Sale from Tenancy Rights Surrender.

July 1, 2016

Case Laws Income Tax AT

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