Tag Archives: I.T.A..No.2291/Mum/2015

Holding period of Property to be computed from allotment letter issue date

By | March 7, 2017

Issue Learned CIT (Appeal) has erred in not considering the fact that the rights, title and interest in the property was itself acquired and held from the date of Allotment letter dated 11-04-2005 by the Appellant and as such the Period of Holding and indexation cost were not properly considered.” Held Holding period should be… Read More »