https://www.taxtmi.com/caselaws?id=442298 The Tribunal allowed the appeal, finding in favor of the assessee. It directed the Assessing Officer to compute capital gain separately for land and building, allowing indexation on the cost of acquisition and improvement. The Tribunal accepted the appellant's argument that the claim for long term capital gain should be allowed based on a similar claim accepted in a related case involving a co-owner. en-us Fri, 25 Aug 2023 00:00:00 +0530 Mon, 28 Aug 2023 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442298 The Tribunal allowed the appeal, finding in favor of the assessee. It directed the Assessing Officer to compute capital gain separately for land and building, allowing indexation on the cost of acquisition and improvement. The Tribunal accepted the appellant's argument that the claim for long term capital gain should be allowed based on a similar claim accepted in a related case involving a co-owner. Case-Laws Income Tax Fri, 25 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442298