https://www.taxtmi.com/caselaws?id=59475 The Appellate Tribunal ruled in favor of the revenue, rejecting the assessee's claims for adopting the 1981 fair market value and for starting indexation from that year. The Tribunal upheld the Assessing Officer's calculations, determining that indexation should commence from the financial year 1991-92, aligning with the property's completion and the assessees' holding period. en-us Thu, 27 Oct 2005 00:00:00 +0530 Sat, 13 Apr 2024 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59475 The Appellate Tribunal ruled in favor of the revenue, rejecting the assessee's claims for adopting the 1981 fair market value and for starting indexation from that year. The Tribunal upheld the Assessing Officer's calculations, determining that indexation should commence from the financial year 1991-92, aligning with the property's completion and the assessees' holding period. Case-Laws Income Tax Thu, 27 Oct 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59475