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Issue ID: 5544
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Long term capital gains

Date 08 Apr 2013
Replies2 Replies
Views 994 Views
Valuation report rejection of indexation base prompts appeal seeking precedents to support assessee's long term capital gains claim
Assessing officer rejected the assessee's valuation report used to determine the base value for indexation as on 01.04.1981 in computing long term capital gains; the assessee intends to file an appeal and seeks case law to support the valuation report's evidentiary sufficiency and the correct treatment of the valuation date for indexation. (AI Summary)

Sir in one of the case the assessing officer rejected the valuation report submitted by the assessee in support of claim for the value adopted for indexation as on 01.04.2013, now I have proposed to for an Appeal, pl provide me some case laws in favour of assessee 

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Replied on Apr 11, 2013
1.

What is the relevance of the date 01/04/2013?

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Replied on Apr 11, 2013
2.

Sir, it is 01.04.1981, and not 01.04.2013, as given 

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