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    <title>Capital gains computation corrected for year mismatch, duplicate sale entry, and co-owner&#039;s one-fifth share in sale consideration.</title>
    <link>https://www.taxtmi.com/highlights?id=99795</link>
    <description>Capital gains for AY 2016-17 had to be recomputed by correcting an assessment-year mismatch, excluding a property transfer recorded in the succeeding year and including the deed relating to the year under consideration. The Tribunal also treated one sale entry as a duplicate because the later document merely rectified an error in the earlier deed, so only the corrected transaction could be counted. For the co-owned property sale, where the deed did not specify separate shares, the assessee&#039;s taxable share was restricted to one-fifth of the total consideration. The assessment was revised accordingly.</description>
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    <pubDate>Fri, 15 May 2026 09:15:45 +0530</pubDate>
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      <title>Capital gains computation corrected for year mismatch, duplicate sale entry, and co-owner&#039;s one-fifth share in sale consideration.</title>
      <link>https://www.taxtmi.com/highlights?id=99795</link>
      <description>Capital gains for AY 2016-17 had to be recomputed by correcting an assessment-year mismatch, excluding a property transfer recorded in the succeeding year and including the deed relating to the year under consideration. The Tribunal also treated one sale entry as a duplicate because the later document merely rectified an error in the earlier deed, so only the corrected transaction could be counted. For the co-owned property sale, where the deed did not specify separate shares, the assessee&#039;s taxable share was restricted to one-fifth of the total consideration. The assessment was revised accordingly.</description>
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      <pubDate>Fri, 15 May 2026 09:15:45 +0530</pubDate>
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