https://www.taxtmi.com/caselaws?id=180320 The Tribunal ruled that the gains from the sale of a flat should be classified as long-term capital gains with the benefit of cost indexation, exempting the gains under section 54EC. The computation of Minimum Alternative Tax (MAT) under section 115JB was upheld based on a previous decision. The appeal was allowed in part, with the order pronounced on 28th February 2011. en-us Mon, 28 Feb 2011 00:00:00 +0530 Tue, 25 Apr 2023 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180320 The Tribunal ruled that the gains from the sale of a flat should be classified as long-term capital gains with the benefit of cost indexation, exempting the gains under section 54EC. The computation of Minimum Alternative Tax (MAT) under section 115JB was upheld based on a previous decision. The appeal was allowed in part, with the order pronounced on 28th February 2011. Case-Laws Income Tax Mon, 28 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180320