https://www.taxtmi.com/highlights?id=24590 Determination of capital gain - allocation of sale consideration between the land and building - The historical cost of building or WDV of building cannot be determinative of market value of building on the date of sale. Similarly end use of building by the buyer is also not relevant for determining market value of building on the date of sale - AT en-us Mon, 07 Sep 2015 10:53:29 +0530 Mon, 07 Sep 2015 10:53:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=24590 Determination of capital gain - allocation of sale consideration between the land and building - The historical cost of building or WDV of building cannot be determinative of market value of building on the date of sale. Similarly end use of building by the buyer is also not relevant for determining market value of building on the date of sale - AT Highlights Income Tax Mon, 07 Sep 2015 10:53:29 +0530 https://www.taxtmi.com/highlights?id=24590