Sponsored
    Follow Us:

Case Law Details

Case Name : Abani Pattanayak Vs ACIT (ITAT Cuttack)
Related Assessment Year : 2012-2013
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

Abani Pattanayak Vs ACIT (ITAT Cuttack)

Introduction: The Income Tax Appellate Tribunal (ITAT) in Cuttack ruled in the case of Abani Pattanayak Vs ACIT that maintenance and electricity charges not in the form of deposits are excluded from the property cost for calculating Long Term Capital Gain (LTCG). The Tribunal also provided insight into the treatment of sinking fund and deposit charges, as well as the determination of the financial year for indexation.

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31