https://www.taxtmi.com/caselaws?id=301663 The Tribunal partly allowed the assessee's appeal for AY 2004-05, directing the AO to re-calculate the cost of construction and grant separate exemptions under Section 54F. The Tribunal dismissed the revenue's appeal for AY 2005-06, upholding the bifurcation of sale proceeds into land and superstructure components. The final capital gains for the assessee were determined after considering these adjustments. en-us Tue, 10 Dec 2019 00:00:00 +0530 Thu, 14 Apr 2022 08:07:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301663 The Tribunal partly allowed the assessee's appeal for AY 2004-05, directing the AO to re-calculate the cost of construction and grant separate exemptions under Section 54F. The Tribunal dismissed the revenue's appeal for AY 2005-06, upholding the bifurcation of sale proceeds into land and superstructure components. The final capital gains for the assessee were determined after considering these adjustments. Case-Laws Income Tax Tue, 10 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301663