https://www.taxtmi.com/caselaws?id=397243 The Tribunal partly allowed the assessee's appeal in a dispute over the cost of acquisition of a capital asset acquired in 1957 and sold in 2012. Unable to justify their valuations, the Tribunal estimated the cost of acquisition at Rs. 3,00,000 effective from April 1, 1981, providing a compromise solution. The decision aimed to offer partial relief to both parties, considering the conflicting valuations presented. The order was pronounced on March 6, 2020, in the open court. en-us Fri, 06 Mar 2020 00:00:00 +0530 Thu, 13 Aug 2020 16:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397243 The Tribunal partly allowed the assessee's appeal in a dispute over the cost of acquisition of a capital asset acquired in 1957 and sold in 2012. Unable to justify their valuations, the Tribunal estimated the cost of acquisition at Rs. 3,00,000 effective from April 1, 1981, providing a compromise solution. The decision aimed to offer partial relief to both parties, considering the conflicting valuations presented. The order was pronounced on March 6, 2020, in the open court. Case-Laws Income Tax Fri, 06 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397243