Held that while computing the capital gains deduction towards cost of acquisition and improvement is directed to allow the deduction. (AY. 2016-17)
Bhausaheb Sopanrao Bhor v. ITO(2023) 225 TTJ 367 (Pune)(Trib)
S. 56 : Income from other sources-Capital gains-Sale of land-Stamp value-Cost of acquisition and improvement-Directed to allow the deduction. [ S. 45, 48, 56(2)(vii)(b)]