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    <title>2019 (1) TMI 644 - ITAT BANGALORE</title>
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    <description>The Tribunal partly allowed the appeal, granting exemption under Section 54/54F for two flats received under a Joint Development Agreement. Other grounds related to jurisdiction, &#039;transfer&#039; event, correct cost of acquisition, and interest levy were either dismissed as academic or without merit. The Tribunal upheld the validity of the assessment order and directed the assessing officer to re-compute the interest in accordance with the Tribunal&#039;s order.</description>
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      <description>The Tribunal partly allowed the appeal, granting exemption under Section 54/54F for two flats received under a Joint Development Agreement. Other grounds related to jurisdiction, &#039;transfer&#039; event, correct cost of acquisition, and interest levy were either dismissed as academic or without merit. The Tribunal upheld the validity of the assessment order and directed the assessing officer to re-compute the interest in accordance with the Tribunal&#039;s order.</description>
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