In the result, the appeal of the assessee is allowed
Bench: Shri P.M. Jagtap, Vice- & Shri A.T. Varkey
section 50D and by adopting the fair market value of the said flats on the date of transfer as ascertained from the website of “Magic Bricks” at Rs.79,94,457/- and Rs.55,19,016/-, he worked out the capital gain arising from the transfer of two flats by the assessee at Rs.37,41,673/-. Since the capital gain