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    <title>Date of Allotment Letter Determines Acquisition Date for Capital Gains Deduction on Residential Flats.</title>
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    <description>Long term capital gain - deduction claimed on account of indexed cost of acquisition - the allotment letter issued by the developer/builder is final, as, it is in respect of a specifically identifiable property and has ultimately culminated in execution of apartment buyer’s agreement in financial year 2010-11 - thus the date of acquisition of the residential flat has to be reckoned from the date of the allotment letter. - AT</description>
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      <description>Long term capital gain - deduction claimed on account of indexed cost of acquisition - the allotment letter issued by the developer/builder is final, as, it is in respect of a specifically identifiable property and has ultimately culminated in execution of apartment buyer’s agreement in financial year 2010-11 - thus the date of acquisition of the residential flat has to be reckoned from the date of the allotment letter. - AT</description>
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