https://www.taxtmi.com/caselaws?id=177028 The Tribunal partly allowed the appeal, directing the AO to adopt the fair market value as of 1st April 1981 for indexation benefits, consider the cost of improvement from the year of construction, and treat the capital gain as long-term instead of short-term capital gains. en-us Wed, 29 Aug 2012 00:00:00 +0530 Fri, 01 Jan 2016 17:27:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177028 The Tribunal partly allowed the appeal, directing the AO to adopt the fair market value as of 1st April 1981 for indexation benefits, consider the cost of improvement from the year of construction, and treat the capital gain as long-term instead of short-term capital gains. Case-Laws Income Tax Wed, 29 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177028