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Income Tax | 90-Year Leasehold Rights Are Capital Asset and Eligible for FMV Benefit: ITAT Delhi

5 Oct 2026 · 5 Oct 2026By CA Sandeep KanoiSource: TaxGuru

ITAT Delhi held that 90-year leasehold rights were capital assets, not tenancy rights, and allowed FMV as on 01.04.1981 for computing capital gains. The post 90-Year Leasehold Rights Are Capital Asset and Eligible for FMV Benefit: ITAT Delhi appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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