https://www.taxtmi.com/caselaws?id=379066 The Tribunal allowed the appeal in part, determining that the indexed cost of acquisition should be computed from the year the asset was held by the assessee, granting the benefit of indexation from FY 1981-82. However, the exemption under Section 54 was disallowed as acquiring tenancy rights did not meet the requirements for deduction, leading to the dismissal of ground No. 2. en-us Tue, 23 Apr 2019 00:00:00 +0530 Fri, 26 Apr 2019 12:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379066 The Tribunal allowed the appeal in part, determining that the indexed cost of acquisition should be computed from the year the asset was held by the assessee, granting the benefit of indexation from FY 1981-82. However, the exemption under Section 54 was disallowed as acquiring tenancy rights did not meet the requirements for deduction, leading to the dismissal of ground No. 2. Case-Laws Income Tax Tue, 23 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379066