https://www.taxtmi.com/caselaws?id=258043 The Tribunal upheld the use of the cost inflation index from the year of conversion for computing capital gains but allowed the set off of unabsorbed depreciation from prior years based on the Gujarat High Court's ruling. The appeal was partly allowed, with the decision pronounced on February 19, 2014, at Chennai. en-us Wed, 19 Feb 2014 00:00:00 +0530 Mon, 30 Mar 2015 06:01:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258043 The Tribunal upheld the use of the cost inflation index from the year of conversion for computing capital gains but allowed the set off of unabsorbed depreciation from prior years based on the Gujarat High Court's ruling. The appeal was partly allowed, with the decision pronounced on February 19, 2014, at Chennai. Case-Laws Income Tax Wed, 19 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258043