https://www.taxtmi.com/caselaws?id=294121 The Tribunal upheld that the assessee was entitled to 100% deduction under section 54F of the Income Tax Act, despite the property being registered in joint names, as the entire consideration was paid by the assessee. Additionally, the Tribunal ruled that the benefit of indexation should be calculated from 01.04.1981, the year the previous owner acquired the property. Consequently, the Revenue's appeal was dismissed, affirming the Ld. CIT(A)'s decision on both issues. en-us Fri, 18 Jan 2013 00:00:00 +0530 Mon, 22 Mar 2021 11:18:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294121 The Tribunal upheld that the assessee was entitled to 100% deduction under section 54F of the Income Tax Act, despite the property being registered in joint names, as the entire consideration was paid by the assessee. Additionally, the Tribunal ruled that the benefit of indexation should be calculated from 01.04.1981, the year the previous owner acquired the property. Consequently, the Revenue's appeal was dismissed, affirming the Ld. CIT(A)'s decision on both issues. Case-Laws Income Tax Fri, 18 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294121