https://www.taxtmi.com/caselaws?id=777413 ITAT (AT), Pune allowed the appeal, finding the CIT(A) erred by not applying the assessed indexed cost of acquisition of Rs. 41,44,720 and failing to grant section 54 relief. The Tribunal held the assessee validly claimed indexed cost and section 54 deduction for reinvestment in a new flat; resultant capital gain from the sale of the house at Kharadi, Pune is nil. Consequently, no addition is sustained and the grounds of appeal are allowed. en-us Tue, 19 Aug 2025 00:00:00 +0530 Fri, 29 Aug 2025 08:56:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777413 ITAT (AT), Pune allowed the appeal, finding the CIT(A) erred by not applying the assessed indexed cost of acquisition of Rs. 41,44,720 and failing to grant section 54 relief. The Tribunal held the assessee validly claimed indexed cost and section 54 deduction for reinvestment in a new flat; resultant capital gain from the sale of the house at Kharadi, Pune is nil. Consequently, no addition is sustained and the grounds of appeal are allowed. Case-Laws Income Tax Tue, 19 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777413