https://www.taxtmi.com/caselaws?id=218497 The High Court allowed the appeals, setting aside the Tribunal's order and remanding the case back to the Assessing Authority. The Assessing Authority was directed to reconsider the matter and pass appropriate orders in accordance with the directions issued by the CIT (Appeals), specifically obtaining the market value of rosewood and silver oak trees as of 01-04-1981 from the Conservator of Forests and working out the indexed market value. en-us Mon, 24 Sep 2012 00:00:00 +0530 Fri, 16 Nov 2012 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218497 The High Court allowed the appeals, setting aside the Tribunal's order and remanding the case back to the Assessing Authority. The Assessing Authority was directed to reconsider the matter and pass appropriate orders in accordance with the directions issued by the CIT (Appeals), specifically obtaining the market value of rosewood and silver oak trees as of 01-04-1981 from the Conservator of Forests and working out the indexed market value. Case-Laws Income Tax Mon, 24 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218497