https://www.taxtmi.com/caselaws?id=377914 The Tribunal upheld the classification of capital gains from the sale of a flat as Long-Term Capital Gains (LTCG), considering the date of the first advance payment in 2005 as the date of acquisition. The Tribunal also directed the Assessing Officer to compute the indexed cost of acquisition based on the respective years of payment and classify the gain from the additional garage as Short-Term Capital Gains (STCG). en-us Tue, 02 Apr 2019 00:00:00 +0530 Fri, 05 Apr 2019 08:57:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377914 The Tribunal upheld the classification of capital gains from the sale of a flat as Long-Term Capital Gains (LTCG), considering the date of the first advance payment in 2005 as the date of acquisition. The Tribunal also directed the Assessing Officer to compute the indexed cost of acquisition based on the respective years of payment and classify the gain from the additional garage as Short-Term Capital Gains (STCG). Case-Laws Income Tax Tue, 02 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377914