Court Orders Fresh Recalculation of Capital Gains: Focus on Acquisition Cost & FMV u/ss 48/49 & 55 of IT Act.

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....Computation of capital gain - computation of cost of acquisition - FMV determination - To avoid any miscarriage of justice and to allow a fresh recomputation of "cost of acquisition" or cost of improvement properly under Section 48/49 and Section 55 of the Act in the facts and circumstances of the case, we dispose of the present Appeal by setting aside the order of the Income Tax Appellate Tribunal to that extent. - HC....