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2021 (2) TMI 345 - ITAT SURATCapital gain computation - AO worked out Long Term Capital Gain on the basis of Stamp Valuation Authority -assessee’s co-owner’s case with respect to the property against the sale of which the assessee claimed Long Term Capital Gain, the AO in assessee’s co-owner case allowed the similar Long Term Capital Gain - HELD THAT:- In view of the above aforesaid factual and legal discussion and respectfully following the decision of Madras High Court in Kumararani Meenakshi Achi [2006 (10) TMI 123 - MADRAS HIGH COURT] and the revenue cannot treat the assessee in different way, therefore, the addition to the Long Term Capital Gain added by the AO, confirmed by ld.CIT(A) is deleted. In the result the grounds of appeal raised by the assessee are allowed.
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