https://www.taxtmi.com/caselaws?id=189710 The Tribunal dismissed the revenue's appeal and allowed the assessee's cross objection. The AO was directed to compute the capital gain as per the registered valuer's report, adhering to the legal precedent set by the Bombay High Court in Puja Prints. The decision emphasized the correct application of Section 55A and the importance of reliable valuation methodologies in determining fair market value. en-us Wed, 27 Apr 2016 00:00:00 +0530 Tue, 17 Jan 2017 20:44:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189710 The Tribunal dismissed the revenue's appeal and allowed the assessee's cross objection. The AO was directed to compute the capital gain as per the registered valuer's report, adhering to the legal precedent set by the Bombay High Court in Puja Prints. The decision emphasized the correct application of Section 55A and the importance of reliable valuation methodologies in determining fair market value. Case-Laws Income Tax Wed, 27 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189710