https://www.taxtmi.com/caselaws?id=172169 The High Court dismissed the Revenue's appeal under section 260A of the Income Tax Act, as it lacked any substantial question of law for admission. The Court upheld the Tribunal's decision regarding the unreliability of the Departmental Valuation Officer's report for assessment purposes. Emphasizing the importance of judicial discipline and adherence to legal precedents, the High Court ruled in favor of the assessee, highlighting the significance of consistency in decision-making in tax assessment cases. en-us Mon, 18 Oct 2004 00:00:00 +0530 Thu, 13 Aug 2015 11:19:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172169 The High Court dismissed the Revenue's appeal under section 260A of the Income Tax Act, as it lacked any substantial question of law for admission. The Court upheld the Tribunal's decision regarding the unreliability of the Departmental Valuation Officer's report for assessment purposes. Emphasizing the importance of judicial discipline and adherence to legal precedents, the High Court ruled in favor of the assessee, highlighting the significance of consistency in decision-making in tax assessment cases. Case-Laws Income Tax Mon, 18 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172169