https://www.taxtmi.com/caselaws?id=432155 The Tribunal partially allowed the appeal, directing the Assessing Officer to prevent double taxation, grant indexed cost of acquisition, and correctly apply Section 54F and tax credits. The Tribunal emphasized that the same amount cannot be taxed in two different assessment years and instructed the Assessing Officer to make necessary adjustments to avoid such double taxation. en-us Mon, 26 Dec 2022 00:00:00 +0530 Wed, 10 May 2023 15:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432155 The Tribunal partially allowed the appeal, directing the Assessing Officer to prevent double taxation, grant indexed cost of acquisition, and correctly apply Section 54F and tax credits. The Tribunal emphasized that the same amount cannot be taxed in two different assessment years and instructed the Assessing Officer to make necessary adjustments to avoid such double taxation. Case-Laws Income Tax Mon, 26 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432155