Tribunal held that the revision is held to be not justified as regards cost of improvement charges paid for freehold conversion charges stamp duty, etc. Tribunal also held that Indexation erroneously taken at 852 instead of 785. Revision is held to be valid. (AY. 2012-13)
Sanjay Majumdar v. PCIT (2021) 210 TTJ 137 / 199 DTR 17 (All.)(Trib.)
S. 263 : Commissioner-Revision of orders prejudicial to revenue-Cost of improvement-Freehold conversion charges stamp duty, etc-Revision was held to be not valid-Indexation erroneously taken at 852 instead of 785-Revision is held to be valid. [S. 45, 48]