https://www.taxtmi.com/caselaws?id=169186 The Tribunal condoned the delay in filing the appeal and proceeded to hear the case on merits. It directed the Assessing Officer to pass a speaking order after considering the objections raised by the assessee regarding the valuation of property for long-term capital gain assessment. The Tribunal emphasized the Assessing Officer's obligation to refer the matter to the Valuation Officer for fair valuation when objections are raised, and ultimately deleted the addition made by the Assessing Officer, stressing the importance of a fair and objective assessment process. en-us Wed, 10 Sep 2014 00:00:00 +0530 Mon, 06 Apr 2015 22:14:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169186 The Tribunal condoned the delay in filing the appeal and proceeded to hear the case on merits. It directed the Assessing Officer to pass a speaking order after considering the objections raised by the assessee regarding the valuation of property for long-term capital gain assessment. The Tribunal emphasized the Assessing Officer's obligation to refer the matter to the Valuation Officer for fair valuation when objections are raised, and ultimately deleted the addition made by the Assessing Officer, stressing the importance of a fair and objective assessment process. Case-Laws Income Tax Wed, 10 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169186