Held that thee AO is directed to compute the capital gains by taking the cost of construction a and cost of renovation/improvement. (AY. 2017-18)
Sandiiya Suresh Dahivelkar v. ITO (2024) 231 TTJ 25 (UO) (Pune)(Trib)
S. 48 : Capital gains-Mode of Computation-Indexed cost-AO is directed to allow the above two additional deductions while calculating the long-term capital gains in addition to the deductions already allowed by the AO in respect of indexed cost of acquisition of plot.[S. 45]
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