https://www.taxtmi.com/caselaws?id=214546 The Tribunal partly allowed the assessee's appeal, holding that the Commissioner's action of substituting the full value of consideration with the fair market value was not sustainable. The Tribunal quashed the Commissioner's order to this extent but did not disturb the figure adopted by the Assessing Officer in the present proceedings. The issue of the sales consideration disclosed by the assessee or the amount adopted by the Assessing Officer was left for separate proceedings outside the Tribunal's purview. en-us Fri, 30 Mar 2012 00:00:00 +0530 Fri, 06 Jul 2012 07:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214546 The Tribunal partly allowed the assessee's appeal, holding that the Commissioner's action of substituting the full value of consideration with the fair market value was not sustainable. The Tribunal quashed the Commissioner's order to this extent but did not disturb the figure adopted by the Assessing Officer in the present proceedings. The issue of the sales consideration disclosed by the assessee or the amount adopted by the Assessing Officer was left for separate proceedings outside the Tribunal's purview. Case-Laws Income Tax Fri, 30 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214546