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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Long term capital gain - dispute regarding computation of fair ...


Dispute on Fair Market Value for Long-Term Capital Gains Settled; Expenses for Cost of Improvement Unsubstantiated.

September 13, 2012

Case Laws     Income Tax     AT

Long term capital gain - dispute regarding computation of fair market value(fmv)as on 01.04.1981 - Valuation as per registered valuation accepted - however with regard to cost of improvement, assessee has miserably failed, to prove the factum of incurring of the expenses - AT

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