https://www.taxtmi.com/caselaws?id=67024 The Appellate Tribunal ITAT Indore set aside the valuation of property "Ansal Bhavan" in New Delhi for the assessment year 1975-76, challenging the increase from Rs. 2,17,500 to Rs. 3,09,000. The ld. AAC failed to consider objections raised by the assessee against the valuation report, leading to the Tribunal directing a reconsideration in compliance with statutory provisions of the WT Act. The impugned orders were set aside, and the case was remanded to the ld. AAC for fresh determination, treating the appeals by the assessee as allowed for statistical purposes. en-us Fri, 22 Jan 1982 00:00:00 +0530 Tue, 08 Mar 2011 17:48:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67024 The Appellate Tribunal ITAT Indore set aside the valuation of property "Ansal Bhavan" in New Delhi for the assessment year 1975-76, challenging the increase from Rs. 2,17,500 to Rs. 3,09,000. The ld. AAC failed to consider objections raised by the assessee against the valuation report, leading to the Tribunal directing a reconsideration in compliance with statutory provisions of the WT Act. The impugned orders were set aside, and the case was remanded to the ld. AAC for fresh determination, treating the appeals by the assessee as allowed for statistical purposes. Case-Laws Wealth-tax Fri, 22 Jan 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67024