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    <title>2021 (4) TMI 1005 - ITAT BANGALORE</title>
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    <description>The Tribunal allowed the assessee&#039;s appeal, directing the AO to deduct the cost of construction of Rs. 86,10,000 while computing the capital gains on the sale of 7 flats and to adopt the value of Rs. 550 per sq.ft. for the land transferred under the Joint Development Agreement with M/s. Sai Gokul Builders.</description>
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      <description>The Tribunal allowed the assessee&#039;s appeal, directing the AO to deduct the cost of construction of Rs. 86,10,000 while computing the capital gains on the sale of 7 flats and to adopt the value of Rs. 550 per sq.ft. for the land transferred under the Joint Development Agreement with M/s. Sai Gokul Builders.</description>
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