https://www.taxtmi.com/caselaws?id=191174 The Tribunal upheld the fair market value estimation and building valuation, emphasizing the importance of considering various factors beyond guideline values in determining property values. The decision highlighted the need to assess market value accurately based on location, amenities, and potential development prospects, rather than solely relying on guideline values for stamp duty purposes. The judgment reaffirmed the significance of thorough evaluation in capital gain computations to ensure fair and reasonable assessments. en-us Tue, 06 Sep 2016 00:00:00 +0530 Wed, 22 Mar 2017 23:17:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191174 The Tribunal upheld the fair market value estimation and building valuation, emphasizing the importance of considering various factors beyond guideline values in determining property values. The decision highlighted the need to assess market value accurately based on location, amenities, and potential development prospects, rather than solely relying on guideline values for stamp duty purposes. The judgment reaffirmed the significance of thorough evaluation in capital gain computations to ensure fair and reasonable assessments. Case-Laws Income Tax Tue, 06 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191174