https://www.taxtmi.com/caselaws?id=6010 An acquisition order based on a finding that fair market value exceeded the declared consideration by 28.5% was upheld because the valuation exercise, supported by comparable sale instances, was not shown to be unreasonable or perverse. The Supreme Court found no compelling ground to interfere with the High Court's conclusion and declined to disturb the authority's decision on the facts presented. en-us Thu, 10 May 2001 00:00:00 +0530 Sun, 30 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6010 An acquisition order based on a finding that fair market value exceeded the declared consideration by 28.5% was upheld because the valuation exercise, supported by comparable sale instances, was not shown to be unreasonable or perverse. The Supreme Court found no compelling ground to interfere with the High Court's conclusion and declined to disturb the authority's decision on the facts presented. Case-Laws Income Tax Thu, 10 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6010