the date is to be reckoned from the date of allotment of the property to the assessee and not from the date on which possession certificate was issued to the assessee.

For computing the inflation cost of the asset, the date is to be reckoned from the date of allotment of the property to the assessee and not from the date on which possession certificate was issued to the assessee.

21 Apr 2021

For computing the inflation cost of the asset, the date is to be reckoned from the date of allotment of…