https://www.taxtmi.com/caselaws?id=158920 The Tribunal allowed the assessee's appeal, directing the AO to recompute the capital gains by considering the total cost of acquisition as Rs. 55,81,062 and granting the indexation benefit from the date of allotment. The Tribunal held that the assessee is entitled to deduct expenditure related to the transfer, including the cost of acquisition and improvements, as per section 48. The AO was instructed to provide the indexation benefit as claimed by the assessee. en-us Fri, 13 Aug 2010 00:00:00 +0530 Mon, 11 Sep 2023 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158920 The Tribunal allowed the assessee's appeal, directing the AO to recompute the capital gains by considering the total cost of acquisition as Rs. 55,81,062 and granting the indexation benefit from the date of allotment. The Tribunal held that the assessee is entitled to deduct expenditure related to the transfer, including the cost of acquisition and improvements, as per section 48. The AO was instructed to provide the indexation benefit as claimed by the assessee. Case-Laws Income Tax Fri, 13 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158920