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    <title>2014 (1) TMI 1482 - ITAT MUMBAI</title>
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    <description>The Tribunal partially allowed the appeal for statistical purposes, permitting the deduction on account of indexed cost of acquisition and directing the Assessing Officer to decide on the matter&#039;s merit. The issues concerning the levy of interest under sections 234B &amp;amp; 234C were addressed, with relief directed to the assessee. The Tribunal upheld the jurisdiction of appellate authorities to consider additional claims and dismissed the appeal on the computation of long term capital gain based on fair market value.</description>
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      <description>The Tribunal partially allowed the appeal for statistical purposes, permitting the deduction on account of indexed cost of acquisition and directing the Assessing Officer to decide on the matter&#039;s merit. The issues concerning the levy of interest under sections 234B &amp;amp; 234C were addressed, with relief directed to the assessee. The Tribunal upheld the jurisdiction of appellate authorities to consider additional claims and dismissed the appeal on the computation of long term capital gain based on fair market value.</description>
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