https://www.taxtmi.com/caselaws?id=174187 The Tribunal upheld the decision of the CIT(Appeals) to adopt the higher sale consideration under section 50(C) for a property sold by the assessee, despite the assessee's request to consider the actual sale amount due to distress sale. The Tribunal also ruled against referring the matter to the District Valuation Officer as the assessee did not dispute the sale consideration before the Assessing Officer. Consequently, the appeal was dismissed, affirming the higher sale consideration and stamp duty valuation. en-us Thu, 31 Jan 2013 00:00:00 +0530 Sat, 03 Oct 2015 10:22:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174187 The Tribunal upheld the decision of the CIT(Appeals) to adopt the higher sale consideration under section 50(C) for a property sold by the assessee, despite the assessee's request to consider the actual sale amount due to distress sale. The Tribunal also ruled against referring the matter to the District Valuation Officer as the assessee did not dispute the sale consideration before the Assessing Officer. Consequently, the appeal was dismissed, affirming the higher sale consideration and stamp duty valuation. Case-Laws Income Tax Thu, 31 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174187