Court Allows Cost Adjustment in Capital Gain Calculation u/s 50 of Income Tax Act, Supports Assessee's Claim.

Court Allows Cost Adjustment in Capital Gain Calculation u/s 50 of Income Tax Act, Supports Assessee's Claim. https://www.taxtmi.com/highlights?id=15806 Computation of capital gain u/s 50 - No justificationi to deny the claim of the assessee to allow adjustment of cost of new premises acquired as he has not considered the provisions of section 50(1) of the Act correctly - AT en-us Fri, 15 Nov 2013 14:32:22 +0530 Fri, 15 Nov 2013 14:32:22 +0530 TaxTMI RSS Generator Court Allows Cost Adjustment in Capital Gain Calculation u/s 50 of Income Tax Act, Supports Assessee's Claim. https://www.taxtmi.com/highlights?id=15806 Computation of capital gain u/s 50 - No justificationi to deny the claim of the assessee to allow adjustment of cost of new premises acquired as he has not considered the provisions of section 50(1) of the Act correctly - AT Highlights Income Tax Fri, 15 Nov 2013 14:32:22 +0530 https://www.taxtmi.com/highlights?id=15806