https://www.taxtmi.com/caselaws?id=793345 In a tax-neutral amalgamation, the holding period and indexation for capital loss computation were linked to FY 2008-09 because the township had been constructed and rental income assessed from that period; the Assessing Officer could not restrict indexation to the occupancy-certificate date, and the assessee's claim was upheld. The loss on sale of Bharath Nirman Fund units to a subsidiary was held genuine because both purchase and sale values were supported by registered valuer reports using the same NAV methodology, with the fall in value explained by erosion in underlying investments; related-party status alone did not make the transaction a colourable device, and the disallowance failed. en-us Fri, 22 May 2026 00:00:00 +0530 Sat, 13 Jun 2026 14:56:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793345 In a tax-neutral amalgamation, the holding period and indexation for capital loss computation were linked to FY 2008-09 because the township had been constructed and rental income assessed from that period; the Assessing Officer could not restrict indexation to the occupancy-certificate date, and the assessee's claim was upheld. The loss on sale of Bharath Nirman Fund units to a subsidiary was held genuine because both purchase and sale values were supported by registered valuer reports using the same NAV methodology, with the fall in value explained by erosion in underlying investments; related-party status alone did not make the transaction a colourable device, and the disallowance failed. Case-Laws Income Tax Fri, 22 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793345