https://www.taxtmi.com/caselaws?id=14634 HC affirmed the Tribunal's factual finding that the sale transferred ownership of the building, not mere tenancy rights, and that deduction for capital gains must be the cost of ownership. The Tribunal remanded to the AO to determine the market value of the building as on the specified earlier date and allow that as the cost of the asset for computing capital gains. The appellate authority's nominal valuation was set aside; no interference with the Tribunal's factual conclusion. Appeal dismissed. en-us Mon, 13 Mar 2000 00:00:00 +0530 Wed, 08 Oct 2025 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14634 HC affirmed the Tribunal's factual finding that the sale transferred ownership of the building, not mere tenancy rights, and that deduction for capital gains must be the cost of ownership. The Tribunal remanded to the AO to determine the market value of the building as on the specified earlier date and allow that as the cost of the asset for computing capital gains. The appellate authority's nominal valuation was set aside; no interference with the Tribunal's factual conclusion. Appeal dismissed. Case-Laws Income Tax Mon, 13 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14634