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    <title>2012 (10) TMI 13 - ITAT, MUMBAI</title>
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    <description>The Tribunal upheld the CIT(A)&#039;s decisions on all four issues: indexation of property acquisition from 1.4.1981, exemption under section 54 for purchase of parking space as integral to the flat, exemption for the cost of improvement validated by genuine documentation, and classification of short-term capital gains as opposed to business income due to investment nature of shares. The revenue&#039;s appeal was dismissed, and the order was issued on June 13, 2012.</description>
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      <link>https://www.taxtmi.com/caselaws?id=217058</link>
      <description>The Tribunal upheld the CIT(A)&#039;s decisions on all four issues: indexation of property acquisition from 1.4.1981, exemption under section 54 for purchase of parking space as integral to the flat, exemption for the cost of improvement validated by genuine documentation, and classification of short-term capital gains as opposed to business income due to investment nature of shares. The revenue&#039;s appeal was dismissed, and the order was issued on June 13, 2012.</description>
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