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![ITAT directs Recomputation of Gain on grounds of AO failing to Treat surplus Amount as Short Term Capital Gain without giving benefit of Indexation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/ITAT-directs-recomputation-of-gain-AO-failing-to-treat-surplus-amount-as-short-term-capital-gain-benefit-of-indexation-short-term-capital-gain-taxscan.jpg "ITAT directs Recomputation of Gain on grounds of AO failing to Treat surplus Amount as Short Term Capital Gain without giving benefit of Indexation [Read Order]")
ITAT directs Recomputation of Gain on grounds of AO failing to Treat surplus Amount as Short Term Capital Gain without giving benefit of Indexation [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) he that AO cannot treat surplus as capital gain without giving benefit of indexation. ...
![Indexation should be given from the year When the Property was Acquired by the Previous Owner: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Chandigarh-Taxscan.jpg "Indexation should be given from the year When the Property was Acquired by the Previous Owner: ITAT Delhi [Read Order]")