https://www.taxtmi.com/caselaws?id=778881 ITAT HYDERABAD - AT held that indexation benefit for LTCG must be allowed from the year of construction (FY 2002-03) as recorded in the sale deed. The AO is directed to treat cost of acquisition as purchase price plus construction: allow construction cost at Rs. 261 per sq. ft. for both ground and first floors of 2,255.5 sq. ft. each. For the separately sold property (consideration Rs. 9,28,000), the AO shall verify and allow acquisition cost if the assessee furnishes the relevant sale deed. Appeal allowed for statistical purposes. en-us Thu, 04 Sep 2025 00:00:00 +0530 Wed, 24 Sep 2025 08:08:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778881 ITAT HYDERABAD - AT held that indexation benefit for LTCG must be allowed from the year of construction (FY 2002-03) as recorded in the sale deed. The AO is directed to treat cost of acquisition as purchase price plus construction: allow construction cost at Rs. 261 per sq. ft. for both ground and first floors of 2,255.5 sq. ft. each. For the separately sold property (consideration Rs. 9,28,000), the AO shall verify and allow acquisition cost if the assessee furnishes the relevant sale deed. Appeal allowed for statistical purposes. Case-Laws Income Tax Thu, 04 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778881