https://www.taxtmi.com/caselaws?id=344221 The Tribunal dismissed the ground regarding the treatment of stamp duty value as sale consideration due to lack of argument. It upheld the decision to compute capital gains based on the deemed value under Section 50C but allowed deduction under Section 54EC based on actual sale consideration. The Tribunal remitted the issue of determining the cost of acquisition back to the AO for re-verification, considering the registered valuer's report and earlier accepted valuations. The appeal was partly allowed for statistical purposes. en-us Wed, 07 Jun 2017 00:00:00 +0530 Mon, 12 Jun 2017 08:55:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344221 The Tribunal dismissed the ground regarding the treatment of stamp duty value as sale consideration due to lack of argument. It upheld the decision to compute capital gains based on the deemed value under Section 50C but allowed deduction under Section 54EC based on actual sale consideration. The Tribunal remitted the issue of determining the cost of acquisition back to the AO for re-verification, considering the registered valuer's report and earlier accepted valuations. The appeal was partly allowed for statistical purposes. Case-Laws Income Tax Wed, 07 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344221