https://www.taxtmi.com/caselaws?id=273534 The Tribunal partly allowed both appeals, directing further examination of evidence for the deduction of "fair market value" of rights in the residential property and dismissing the claim for deduction under Section 54. The judgment emphasizes the significance of establishing the date and cost of acquisition for determining capital gains and allowable deductions under the Income Tax Act. en-us Tue, 30 Jun 2015 00:00:00 +0530 Mon, 02 Jul 2018 09:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273534 The Tribunal partly allowed both appeals, directing further examination of evidence for the deduction of "fair market value" of rights in the residential property and dismissing the claim for deduction under Section 54. The judgment emphasizes the significance of establishing the date and cost of acquisition for determining capital gains and allowable deductions under the Income Tax Act. Case-Laws Income Tax Tue, 30 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273534