https://www.taxtmi.com/caselaws?id=265456 The appeal was partly allowed for statistical purposes, providing directions on the assessment of capital gains and deductions under the Income Tax Act. The judgment emphasized the need for proper assessment of rent compensation, determination of capital gains from property exchange, assessment of compensation for hardship, consideration of the cost of the flat for computing capital gains, and re-examination of the deduction claim under section 54. The decision highlighted the importance of considering transaction details and relevant legal provisions for accurate tax computation. en-us Wed, 20 Aug 2014 00:00:00 +0530 Mon, 12 Oct 2015 06:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265456 The appeal was partly allowed for statistical purposes, providing directions on the assessment of capital gains and deductions under the Income Tax Act. The judgment emphasized the need for proper assessment of rent compensation, determination of capital gains from property exchange, assessment of compensation for hardship, consideration of the cost of the flat for computing capital gains, and re-examination of the deduction claim under section 54. The decision highlighted the importance of considering transaction details and relevant legal provisions for accurate tax computation. Case-Laws Income Tax Wed, 20 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265456