Fair market value under section 50C must reflect existing property condition, not hypothetical development, and statutory valuation steps must be foll...
HC declined to entertain the Revenue's departmental appeal because the amount involved fell below the monetary threshold prescribed in the circular dated 06.08.2024. The Court also found that the Tribunal's order did not raise any substantial question of law on merits. On both grounds, the appeal was dismissed, along with the connected application.
HC declined to entertain the Revenue's departmental appeal because the amount involved fell below the monetary threshold prescribed in the circular dated 06.08.2024. The Court also found that the Tribunal's order did not raise any substantial question of law on merits. On both grounds, the appeal was dismissed, along with the connected application.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4826 
Join Channel 
