https://www.taxtmi.com/caselaws?id=428514 The Tribunal partly allowed the appeal, setting aside the Pr. CIT's order regarding the indexation of the cost of acquisition. It upheld the observations on the failure to refer the valuation of the land, the claim under Section 54G, and the unrecorded cash payment. The AO was directed to re-examine the claim under Section 54G with requisite details and a reasonable opportunity for the assessee to be heard. en-us Mon, 09 May 2022 00:00:00 +0530 Mon, 03 Oct 2022 08:57:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428514 The Tribunal partly allowed the appeal, setting aside the Pr. CIT's order regarding the indexation of the cost of acquisition. It upheld the observations on the failure to refer the valuation of the land, the claim under Section 54G, and the unrecorded cash payment. The AO was directed to re-examine the claim under Section 54G with requisite details and a reasonable opportunity for the assessee to be heard. Case-Laws Income Tax Mon, 09 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428514