https://www.taxtmi.com/caselaws?id=186751 The ITAT affirmed the CIT(A)'s decision to remit the fair market value determination of a property to the AO for valuation by the DVO under section 50C of the Income Tax Act. The appeals by the Revenue and cross objections by the assessees were dismissed, highlighting the significance of adhering to proper valuation procedures. en-us Wed, 03 Oct 2012 00:00:00 +0530 Thu, 29 Sep 2016 11:39:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186751 The ITAT affirmed the CIT(A)'s decision to remit the fair market value determination of a property to the AO for valuation by the DVO under section 50C of the Income Tax Act. The appeals by the Revenue and cross objections by the assessees were dismissed, highlighting the significance of adhering to proper valuation procedures. Case-Laws Income Tax Wed, 03 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186751