https://www.taxtmi.com/caselaws?id=467375 Deduction claims for cost of improvement and brokerage on sale of Chennai property were not decided on merits and the Tribunal remitted those claims to the assessing officer for verification of documentary evidence and fresh adjudication. The claim for indexed cost of acquisition/construction of the Bangalore property was restored to the assessing officer to determine indexed cost after submission and verification of supporting details. The Tribunal, applying the binding precedent of the Bombay High Court, denied reinvestment exemption where the new residential flats were not registered in the assessee's name. en-us Tue, 17 Sep 2024 00:00:00 +0530 Sat, 14 Mar 2026 13:39:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467375 Deduction claims for cost of improvement and brokerage on sale of Chennai property were not decided on merits and the Tribunal remitted those claims to the assessing officer for verification of documentary evidence and fresh adjudication. The claim for indexed cost of acquisition/construction of the Bangalore property was restored to the assessing officer to determine indexed cost after submission and verification of supporting details. The Tribunal, applying the binding precedent of the Bombay High Court, denied reinvestment exemption where the new residential flats were not registered in the assessee's name. Case-Laws Income Tax Tue, 17 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467375