https://www.taxtmi.com/caselaws?id=755677 ITAT Delhi allowed the assessee's appeal regarding long term capital gain computation. The tribunal held that cost of acquisition should be Rs. 45 lakhs based on evidence of payment through cheques, directing AO to delete addition of Rs. 33,73,120 and grant indexation benefit. Additionally, ITAT ruled that assessee is entitled to carry forward of long term capital loss after set-off, directing AO to verify and allow the claim factually. en-us Wed, 10 Jul 2024 00:00:00 +0530 Tue, 16 Jul 2024 13:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755677 ITAT Delhi allowed the assessee's appeal regarding long term capital gain computation. The tribunal held that cost of acquisition should be Rs. 45 lakhs based on evidence of payment through cheques, directing AO to delete addition of Rs. 33,73,120 and grant indexation benefit. Additionally, ITAT ruled that assessee is entitled to carry forward of long term capital loss after set-off, directing AO to verify and allow the claim factually. Case-Laws Income Tax Wed, 10 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755677