AS per Judgement of Chandigarh Tribunal in case of Mrs. Pushpa Sofat the holding period of previous owner is also counted.
This judgement is logical. Some Authors follow this judgement .
This judgement is Contradict with Income tax act.
As per Act Indexation will be available from the date in which assessee becomes the owner.
AS per Judgement of Chandigarh Tribunal in case of Mrs. Pushpa Sofat the holding period of previous owner is also counted.
This judgement is logical. Some Authors follow this judgement .
This judgement is Contradict with Income tax act.
As per Act Indexation will be available from the date in which assessee becomes the owner.
thanxx manish for help
CAclubindia
