Capital Gains - Cost of construction and indexation disallowed – ...

Court Disallows Construction Costs and Indexation for Capital Gains Due to Absence of Building in Fixed Assets.

October 30, 2014

Case Laws Income Tax AT

Capital Gains - Cost of construction and indexation disallowed – proof of construction of building on land - If the examination of balance sheets reveals that there was no building appearing in the fixed assets, then the obvious conclusion is that initially building was constructed by assessee and further these tenant companies had made further additions - AT

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Capital Gains - Cost of construction and indexation disallowed – ...

Court Disallows Construction Costs and Indexation for Capital Gains Due to Absence of Building in Fixed Assets.

October 30, 2014

Case Laws Income Tax AT

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