https://www.taxtmi.com/caselaws?id=207559 The case involved a dispute regarding the Assessing Officer's reference to the DVO for valuation under section 142A of the Income-tax Act. The Tribunal ruled that the reference under section 142A was not justified for computing capital gains, indicating an error by the Assessing Officer. Additionally, the Tribunal directed the Assessing Officer to adopt the full value of consideration as per section 50C, allowing the appeal and overturning the addition based on the DVO's report. en-us Fri, 15 Jul 2011 00:00:00 +0530 Sat, 01 Jun 2013 17:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207559 The case involved a dispute regarding the Assessing Officer's reference to the DVO for valuation under section 142A of the Income-tax Act. The Tribunal ruled that the reference under section 142A was not justified for computing capital gains, indicating an error by the Assessing Officer. Additionally, the Tribunal directed the Assessing Officer to adopt the full value of consideration as per section 50C, allowing the appeal and overturning the addition based on the DVO's report. Case-Laws Income Tax Fri, 15 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207559