https://www.taxtmi.com/caselaws?id=208918 The tribunal allowed both grounds of appeal raised by the assessee, directing the A.O. to refer the valuation matter to the DVO under section 50C and to adopt the fair market value declared by the assessee for the property as on 1/4/1981. As a result, the assessee's appeal was allowed, and the order was pronounced in favor of the assessee on 15th February 2011. en-us Tue, 15 Feb 2011 00:00:00 +0530 Thu, 15 Dec 2011 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208918 The tribunal allowed both grounds of appeal raised by the assessee, directing the A.O. to refer the valuation matter to the DVO under section 50C and to adopt the fair market value declared by the assessee for the property as on 1/4/1981. As a result, the assessee's appeal was allowed, and the order was pronounced in favor of the assessee on 15th February 2011. Case-Laws Income Tax Tue, 15 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208918