https://www.taxtmi.com/highlights?id=26651 Mere revaluation of asset would not increase income or receipt of the assessee, until and unless the said gain of revaluation is realised. Therefore, the gain on revaluation of the asset/investments without actual realisation cannot be treated as income of the assessee - AT en-us Mon, 28 Dec 2015 15:31:09 +0530 Mon, 28 Dec 2015 15:31:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=26651 Mere revaluation of asset would not increase income or receipt of the assessee, until and unless the said gain of revaluation is realised. Therefore, the gain on revaluation of the asset/investments without actual realisation cannot be treated as income of the assessee - AT Highlights Income Tax Mon, 28 Dec 2015 15:31:09 +0530 https://www.taxtmi.com/highlights?id=26651