https://www.taxtmi.com/caselaws?id=351126 The Tribunal partly allowed the appeal, directing the Assessing Officer to adopt the cost of the superstructure as the full value of consideration, adjust the cost of acquisition to an approximate value, recognize the benefit of Section 54/54F for the assessee, and include the compensation received as part of the sale consideration. The Tribunal considered the advanced age of the assessee, condoning a filing delay, and instructed the AO to compute capital gains as per their directions, emphasizing a practical approach in determining the quantum of capital gains. en-us Fri, 17 Nov 2017 00:00:00 +0530 Sun, 19 Nov 2017 15:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351126 The Tribunal partly allowed the appeal, directing the Assessing Officer to adopt the cost of the superstructure as the full value of consideration, adjust the cost of acquisition to an approximate value, recognize the benefit of Section 54/54F for the assessee, and include the compensation received as part of the sale consideration. The Tribunal considered the advanced age of the assessee, condoning a filing delay, and instructed the AO to compute capital gains as per their directions, emphasizing a practical approach in determining the quantum of capital gains. Case-Laws Income Tax Fri, 17 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351126