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    <title>2013 (1) TMI 372 - ITAT MUMBAI</title>
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    <description>The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to re-examine the issues of applicability of Section 50C to leasehold rights, valuation of the building, cost of acquisition, and adherence to procedural requirements under Section 50C(2). The AO was instructed to provide the assessee with the opportunity to furnish documents and make submissions in light of the Tribunal&#039;s observations.</description>
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      <link>https://www.taxtmi.com/caselaws?id=220266</link>
      <description>The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to re-examine the issues of applicability of Section 50C to leasehold rights, valuation of the building, cost of acquisition, and adherence to procedural requirements under Section 50C(2). The AO was instructed to provide the assessee with the opportunity to furnish documents and make submissions in light of the Tribunal&#039;s observations.</description>
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