LTCG on 'Sale of Co-ownership Land' - Having adopted the DVO’s ...

Income Tax

November 25, 2023

LTCG on 'Sale of Co-ownership Land' - Having adopted the DVO’s valuation in one of the co-owners case who is the brother of the assessee for the assessment year i.e. 2011-12 for computing the long term capital gain, we see no justifiable reason to adopt a different valuation in assessee’s case for computing long term capital gain for his 1/6th share for the very same assessment year i.e. 2011-12. - AT

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LTCG on 'Sale of Co-ownership Land' - Having adopted the DVO’s ...

Income Tax

November 25, 2023

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