https://www.taxtmi.com/caselaws?id=398702 The Tribunal allowed the assessee's appeal, maintaining that 'Government Securities' should not be treated as bonds or debentures for capital gains calculation. The decision was based on consistency with previous rulings in the assessee's favor and the lack of substantial reasons provided by the Revenue to challenge the previous decisions. The Tribunal emphasized that fixed returns on assets do not disqualify them from indexation benefits, ultimately upholding the stance taken in earlier cases regarding the treatment of 'Government Securities' for capital gains computation. en-us Fri, 18 Sep 2020 00:00:00 +0530 Mon, 21 Sep 2020 13:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398702 The Tribunal allowed the assessee's appeal, maintaining that 'Government Securities' should not be treated as bonds or debentures for capital gains calculation. The decision was based on consistency with previous rulings in the assessee's favor and the lack of substantial reasons provided by the Revenue to challenge the previous decisions. The Tribunal emphasized that fixed returns on assets do not disqualify them from indexation benefits, ultimately upholding the stance taken in earlier cases regarding the treatment of 'Government Securities' for capital gains computation. Case-Laws Income Tax Fri, 18 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398702