https://www.taxtmi.com/caselaws?id=389424 The ITAT Mumbai ruled in favor of the appellant on all three issues, directing the AO to compute capital gains using the stamp duty value as on the date of the agreement in 2010. The tribunal also instructed a reevaluation of the cost of acquisition based on the same valuation and emphasized the applicability of Sec. 43CA of the IT Act in property transfers without registration, ensuring a fair calculation of capital gains. en-us Wed, 13 Nov 2019 00:00:00 +0530 Sat, 07 Dec 2019 13:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389424 The ITAT Mumbai ruled in favor of the appellant on all three issues, directing the AO to compute capital gains using the stamp duty value as on the date of the agreement in 2010. The tribunal also instructed a reevaluation of the cost of acquisition based on the same valuation and emphasized the applicability of Sec. 43CA of the IT Act in property transfers without registration, ensuring a fair calculation of capital gains. Case-Laws Income Tax Wed, 13 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389424