https://www.taxtmi.com/caselaws?id=62177 The Tribunal allowed the appeal by the assessee and dismissed the appeal by the revenue. The matter was remanded to the AAC for proper consideration of the cost of construction based on the evidence provided by the assessee. The Tribunal upheld the AAC's decision to consider municipal valuation for computing income under the head 'property', rejecting the revenue's challenge based on a High Court case. en-us Wed, 19 Jan 1983 00:00:00 +0530 Tue, 18 Jan 2011 13:59:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62177 The Tribunal allowed the appeal by the assessee and dismissed the appeal by the revenue. The matter was remanded to the AAC for proper consideration of the cost of construction based on the evidence provided by the assessee. The Tribunal upheld the AAC's decision to consider municipal valuation for computing income under the head 'property', rejecting the revenue's challenge based on a High Court case. Case-Laws Income Tax Wed, 19 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62177