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![Plant and Machinery Held Over 36 Months Deemed Long-Term Capital Assets u/s 2 (42 A) of Income Tax Act: ITAT [Read Order] Plant and Machinery Held Over 36 Months Deemed Long-Term Capital Assets u/s 2 (42 A) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Plant-and-Machinery-Long-Term-Capital-Assets-Income-Tax-Act-ITAT-taxscan.jpg)
Plant and Machinery Held Over 36 Months Deemed Long-Term Capital Assets u/s 2 (42 A) of Income Tax Act: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT) observed that plant and machinery held over 36 months deemed long-term capital...


![Issuance of an Allotment Letter from a Builder / Developer not sufficient to Claim Sec 50 Benefit: ITAT [Read Order] Issuance of an Allotment Letter from a Builder / Developer not sufficient to Claim Sec 50 Benefit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Allotment-Letter-Taxscan.jpg)