No indexation benefit on sale of tenancy rights acquired in inherited property: Bombay HC
HIGH COURT OF BOMBAY Dharmakumar C. Kapadia v. Assistant Commissioner of Income Tax 19(1) M.S. SANKLECHA AND SANDEEP K. SHINDE, JJ. IT APPEAL NOS. 239 & 241 OF 2016 JUNE 18, 2018 Nitesh Joshi and A.K. Jasani for the Appellant. A.R. Malhotra and N.A. Kazi for the Respondent. JUDGMENT 1. These two Appeals under Section 260-A of the Income-tax Act, 1961 (the Act), challenge the… Read More »