https://www.taxtmi.com/caselaws?id=241967 The Tribunal allowed the assessee's appeal, emphasizing the need for a proper assessment of fair market value to calculate accurate long-term capital gains. The decision was set aside, and the matter was remitted back for a fresh determination, considering the objections and the less than 15% difference in valuation. The Tribunal highlighted that minor differences in property valuation should be considered, granting the benefit to the assessee in such cases. en-us Fri, 17 May 2013 00:00:00 +0530 Mon, 25 Jul 2016 15:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241967 The Tribunal allowed the assessee's appeal, emphasizing the need for a proper assessment of fair market value to calculate accurate long-term capital gains. The decision was set aside, and the matter was remitted back for a fresh determination, considering the objections and the less than 15% difference in valuation. The Tribunal highlighted that minor differences in property valuation should be considered, granting the benefit to the assessee in such cases. Case-Laws Income Tax Fri, 17 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241967