https://www.taxtmi.com/caselaws?id=244717 The tribunal allowed the assessee's appeals, setting aside the CIT's orders passed under Section 263. The tribunal concluded that the Assessing Officer had appropriately followed the directions of the Income Tax Appellate Tribunal and determined market values correctly, deeming the CIT's invocation of Section 263 unwarranted. The tribunal affirmed the Assessing Officer's valuation and adherence to ITAT's directions, ultimately ruling in favor of the assessee. en-us Fri, 28 Feb 2014 00:00:00 +0530 Thu, 06 Mar 2014 08:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244717 The tribunal allowed the assessee's appeals, setting aside the CIT's orders passed under Section 263. The tribunal concluded that the Assessing Officer had appropriately followed the directions of the Income Tax Appellate Tribunal and determined market values correctly, deeming the CIT's invocation of Section 263 unwarranted. The tribunal affirmed the Assessing Officer's valuation and adherence to ITAT's directions, ultimately ruling in favor of the assessee. Case-Laws Income Tax Fri, 28 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244717