https://www.taxtmi.com/caselaws?id=377963 The tribunal held that the period of holding of assets by the previous owner should be considered for calculating long term capital gain. It determined that indexation benefits should start from the year the asset was first held by the previous owner, not from the year it was held by the assessee. The tribunal's decision aligned with judicial precedents and clarified the interpretation of relevant provisions, ultimately upholding the order of the Commissioner of Income Tax (Appeals) and dismissing the appeal. en-us Thu, 07 Feb 2019 00:00:00 +0530 Fri, 05 Apr 2019 10:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377963 The tribunal held that the period of holding of assets by the previous owner should be considered for calculating long term capital gain. It determined that indexation benefits should start from the year the asset was first held by the previous owner, not from the year it was held by the assessee. The tribunal's decision aligned with judicial precedents and clarified the interpretation of relevant provisions, ultimately upholding the order of the Commissioner of Income Tax (Appeals) and dismissing the appeal. Case-Laws Income Tax Thu, 07 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377963