Property valuation based on co-owners' accepted value upheld as a factual finding, with no basis for interference.

The Tribunal's valuation of the assessee's share in the property was treated as a question of fact, and it relied on the value accepted in the case of the other co-owners. No material showed that the Tribunal had adopted a different figure or that any basis existed to interfere with the factual finding. The challenge to the valuation therefore failed, and the Tribunal's assessment was upheld.

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Issues: Whether the Tribunal was correct in valuing the assessee's share in the property at No. 34, Najafgarh Road at Rs. 51,728 instead of Rs. 4,08,212.

Analysis: The valuation adopted by the Tribunal was founded on the value accepted in the case of other co-owners, and the determination of the property's value was treated as essentially a question of fact. No material was found to show that the Tribunal had adopted a different figure of Rs. 1,65,528 or that there was any basis to interfere with the factual finding.

Conclusion: The Tribunal's valuation was upheld and the challenge to it failed.

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