https://www.taxtmi.com/caselaws?id=262012 The ITAT upheld the CIT(A)'s decision to delete the addition of the short term capital gain on the property sale. The ITAT found no justification for applying the sale consideration at Rs. 33,35,000, considering the valuation provided by the DVO and the inconsistency in the Stamp Authority's revaluation. The Revenue's appeal was dismissed. en-us Fri, 16 Jan 2015 00:00:00 +0530 Thu, 30 Jul 2015 09:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262012 The ITAT upheld the CIT(A)'s decision to delete the addition of the short term capital gain on the property sale. The ITAT found no justification for applying the sale consideration at Rs. 33,35,000, considering the valuation provided by the DVO and the inconsistency in the Stamp Authority's revaluation. The Revenue's appeal was dismissed. Case-Laws Income Tax Fri, 16 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262012