https://www.taxtmi.com/caselaws?id=434400 The Appellate Tribunal ITAT Indore allowed the appeal, emphasizing the correct assessment year for long term capital gain, the comprehensive interpretation of relevant tax provisions, and the factual distinctions supporting the appellant's position. The appellant successfully challenged the AO's determination of long term capital gain for A.Y. 2012-13, the interpretation of Section 2(47)(v) for denying exemptions under Section 54F & 54B, and the assessment of income for A.Y. 2011-12 and A.Y. 2012-13. en-us Tue, 21 Feb 2023 00:00:00 +0530 Wed, 22 Feb 2023 16:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434400 The Appellate Tribunal ITAT Indore allowed the appeal, emphasizing the correct assessment year for long term capital gain, the comprehensive interpretation of relevant tax provisions, and the factual distinctions supporting the appellant's position. The appellant successfully challenged the AO's determination of long term capital gain for A.Y. 2012-13, the interpretation of Section 2(47)(v) for denying exemptions under Section 54F & 54B, and the assessment of income for A.Y. 2011-12 and A.Y. 2012-13. Case-Laws Income Tax Tue, 21 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434400