https://www.taxtmi.com/caselaws?id=211942 The Tribunal held that the CIT(A) erred in deleting the addition without giving the AO a hearing and misapplying the High Court decision on Section 50C. The matter was remanded to the AO for fresh assessment with input from the District Valuation Officer. The AO must allow the assessee a fair chance to present their case, and cooperation was expected. The Revenue's appeal was allowed for statistical purposes. en-us Wed, 22 Feb 2012 00:00:00 +0530 Sat, 07 Sep 2013 10:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211942 The Tribunal held that the CIT(A) erred in deleting the addition without giving the AO a hearing and misapplying the High Court decision on Section 50C. The matter was remanded to the AO for fresh assessment with input from the District Valuation Officer. The AO must allow the assessee a fair chance to present their case, and cooperation was expected. The Revenue's appeal was allowed for statistical purposes. Case-Laws Income Tax Wed, 22 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211942