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2023 (7) TMI 749 - AT - Income TaxLTCG - Determination of base year from which the benefit of indexation would be available - AO held that the assessee acquired the rights in the property only from the date of settlement and therefore, indexation benefit would be available only from financial year 2014-15 - assessee claimed indexation of cost from financial year 2001- 02 - CIT(A) allowed the claim in terms of cited decision of Saroja Naidu [2021 (7) TMI 989 - MADRAS HIGH COURT] - HELD THAT:- We find that the adjudication in the impugned order follows binding judicial precedent of jurisdictional High Court. The revenue could not controvert this position. Therefore, we do not find any fault in the impugned order. Decided against revenue.
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