https://www.taxtmi.com/caselaws?id=242213 The Tribunal ruled in favor of the assessee, allowing the deduction for indexed cost of acquisition to be calculated based on the dates of agreements and payments rather than just the possession date. The decision emphasized that acquiring a right over the property through an agreement constitutes holding a capital asset eligible for indexation benefits. By considering legal definitions and precedent, the Tribunal supported the assessee's claim, highlighting the significance of the agreement date in determining the indexed cost of acquisition for computing capital gain. en-us Fri, 08 Feb 2013 00:00:00 +0530 Fri, 10 Jan 2014 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242213 The Tribunal ruled in favor of the assessee, allowing the deduction for indexed cost of acquisition to be calculated based on the dates of agreements and payments rather than just the possession date. The decision emphasized that acquiring a right over the property through an agreement constitutes holding a capital asset eligible for indexation benefits. By considering legal definitions and precedent, the Tribunal supported the assessee's claim, highlighting the significance of the agreement date in determining the indexed cost of acquisition for computing capital gain. Case-Laws Income Tax Fri, 08 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242213