https://www.taxtmi.com/caselaws?id=69684 The Appellate Tribunal upheld the Appellate Assistant Commissioner's decision to allow a deduction under section 80T of the Income Tax Act for the entire capital gains amount realized by the assessee from the sale of different assets, including vacant sites, equity shares, and land in Chettinad for the assessment year 1972-73. The Tribunal emphasized the separate calculation of deductions for capital gains from different types of assets as per the amended provision of section 80T, dismissing the Revenue's appeal challenging the allowance of the deduction. en-us Fri, 17 Dec 1976 00:00:00 +0530 Mon, 11 Apr 2011 15:34:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69684 The Appellate Tribunal upheld the Appellate Assistant Commissioner's decision to allow a deduction under section 80T of the Income Tax Act for the entire capital gains amount realized by the assessee from the sale of different assets, including vacant sites, equity shares, and land in Chettinad for the assessment year 1972-73. The Tribunal emphasized the separate calculation of deductions for capital gains from different types of assets as per the amended provision of section 80T, dismissing the Revenue's appeal challenging the allowance of the deduction. Case-Laws Income Tax Fri, 17 Dec 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69684