https://www.taxtmi.com/caselaws?id=193163 The ITAT partially allowed the appeal, directing the AO to recompute the capital gain based on the valuation determined by the Stamp Valuation Authority as per the High Court's decision. The ITAT emphasized that the income should be recomputed under section 153(3)(iii) of the IT Act based on the final value determined by the High Court, setting aside the lower authorities' orders. The appeal was allowed for statistical purposes, with no other arguments presented during the proceedings. en-us Mon, 08 Feb 2016 00:00:00 +0530 Sat, 15 Jul 2017 15:28:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193163 The ITAT partially allowed the appeal, directing the AO to recompute the capital gain based on the valuation determined by the Stamp Valuation Authority as per the High Court's decision. The ITAT emphasized that the income should be recomputed under section 153(3)(iii) of the IT Act based on the final value determined by the High Court, setting aside the lower authorities' orders. The appeal was allowed for statistical purposes, with no other arguments presented during the proceedings. Case-Laws Income Tax Mon, 08 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193163