https://www.taxtmi.com/caselaws?id=368822 The Tribunal partly allowed the appeal by upholding the AO's method of computing the indexed cost of acquisition based on actual payment years for Long Term Capital Gains (LTCG). Indexation benefits were allowed for payments made within 36 months before the sale. The issue of non-adjudication of VAT paid on the purchase of the flat was remitted back to the AO for consideration, with instructions for the assessee to substantiate the claim. The Tribunal directed corrections in figures of stamp duty and registration fees and re-computation of income. The order was pronounced on 03rd October 2018. en-us Wed, 03 Oct 2018 00:00:00 +0530 Mon, 15 Oct 2018 14:14:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368822 The Tribunal partly allowed the appeal by upholding the AO's method of computing the indexed cost of acquisition based on actual payment years for Long Term Capital Gains (LTCG). Indexation benefits were allowed for payments made within 36 months before the sale. The issue of non-adjudication of VAT paid on the purchase of the flat was remitted back to the AO for consideration, with instructions for the assessee to substantiate the claim. The Tribunal directed corrections in figures of stamp duty and registration fees and re-computation of income. The order was pronounced on 03rd October 2018. Case-Laws Income Tax Wed, 03 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368822