https://www.taxtmi.com/caselaws?id=268792 The Tribunal rectified its earlier order, directing the Assessing Officer to determine the fair market value of the property as of the dissolution date. The rectification aligned the decision with legal principles outlined by the Apex Court, emphasizing the importance of valuing assets at market value for accurate computation of capital gains. The Tribunal partially allowed the appellant's appeal, granting relief based on the corrected valuation approach. en-us Fri, 28 Aug 2015 00:00:00 +0530 Wed, 02 Dec 2015 02:14:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268792 The Tribunal rectified its earlier order, directing the Assessing Officer to determine the fair market value of the property as of the dissolution date. The rectification aligned the decision with legal principles outlined by the Apex Court, emphasizing the importance of valuing assets at market value for accurate computation of capital gains. The Tribunal partially allowed the appellant's appeal, granting relief based on the corrected valuation approach. Case-Laws Income Tax Fri, 28 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268792