https://www.taxtmi.com/caselaws?id=62513 The Tribunal partly allowed the appeal, directing the Assessing Officer to reassess the capital gains tax based on the fair market value as of 1st April 1981. Additionally, the Tribunal deleted the interest charged under section 139(8) for the assessment year 1984-85, as it was not justified in reassessment proceedings. en-us Tue, 17 Aug 2004 00:00:00 +0530 Wed, 18 Jul 2012 18:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62513 The Tribunal partly allowed the appeal, directing the Assessing Officer to reassess the capital gains tax based on the fair market value as of 1st April 1981. Additionally, the Tribunal deleted the interest charged under section 139(8) for the assessment year 1984-85, as it was not justified in reassessment proceedings. Case-Laws Income Tax Tue, 17 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62513