https://www.taxtmi.com/caselaws?id=188965 The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal regarding the computation of ALV of a property. The Tribunal upheld the use of municipal rateable value as the basis for ALV, citing previous decisions and the binding nature of the jurisdictional High Court judgment in the assessee's case. The Tribunal emphasized consistency with earlier rulings and the absence of incriminating evidence against the assessee's position. en-us Wed, 29 Jul 2015 00:00:00 +0530 Thu, 22 Dec 2016 10:41:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188965 The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal regarding the computation of ALV of a property. The Tribunal upheld the use of municipal rateable value as the basis for ALV, citing previous decisions and the binding nature of the jurisdictional High Court judgment in the assessee's case. The Tribunal emphasized consistency with earlier rulings and the absence of incriminating evidence against the assessee's position. Case-Laws Income Tax Wed, 29 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188965