https://www.taxtmi.com/caselaws?id=409048 The Tribunal allowed the appeal, directing the Assessing Officer to calculate the holding period for determining Long Term Capital Gain from the date of allotment of the property, contrary to the AO's calculation based on the registration of the conveyance deed. The Tribunal considered legal precedents and factual evidence of possession and transfer, concluding that the holding period should commence from the date of allotment. en-us Tue, 22 Jun 2021 00:00:00 +0530 Mon, 28 Jun 2021 10:03:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409048 The Tribunal allowed the appeal, directing the Assessing Officer to calculate the holding period for determining Long Term Capital Gain from the date of allotment of the property, contrary to the AO's calculation based on the registration of the conveyance deed. The Tribunal considered legal precedents and factual evidence of possession and transfer, concluding that the holding period should commence from the date of allotment. Case-Laws Income Tax Tue, 22 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409048