https://www.taxtmi.com/highlights?id=30004 It is true that the question of capital gain came up for consideration before Assessing Officer. It is also true that the assessee had placed the materials with respect to sale of land before Assessing Officer during such assessment proceedings - But the AO cannot ignore the correct value / consideration received for sale of land - HC en-us Wed, 29 Jun 2016 20:42:15 +0530 Wed, 29 Jun 2016 20:42:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=30004 It is true that the question of capital gain came up for consideration before Assessing Officer. It is also true that the assessee had placed the materials with respect to sale of land before Assessing Officer during such assessment proceedings - But the AO cannot ignore the correct value / consideration received for sale of land - HC Highlights Income Tax Wed, 29 Jun 2016 20:42:15 +0530 https://www.taxtmi.com/highlights?id=30004