https://www.taxtmi.com/caselaws?id=347195 The Tribunal dismissed the Revenue's appeal and upheld the Commissioner of Income Tax (Appeals) decision to grant relief to the appellant in a case involving the computation of Long Term Capital Gain. The Tribunal found the CIT(A)'s acceptance of the registered valuer's report over the Departmental Valuation Officer's valuation to be appropriate, emphasizing the CIT(A)'s reasoned consideration of all relevant factors and evidence. The Tribunal affirmed the CIT(A)'s authority to determine the Fair Market Value based on a thorough analysis, ultimately leading to the dismissal of the Revenue's appeal. en-us Wed, 23 Aug 2017 00:00:00 +0530 Sat, 18 Nov 2017 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347195 The Tribunal dismissed the Revenue's appeal and upheld the Commissioner of Income Tax (Appeals) decision to grant relief to the appellant in a case involving the computation of Long Term Capital Gain. The Tribunal found the CIT(A)'s acceptance of the registered valuer's report over the Departmental Valuation Officer's valuation to be appropriate, emphasizing the CIT(A)'s reasoned consideration of all relevant factors and evidence. The Tribunal affirmed the CIT(A)'s authority to determine the Fair Market Value based on a thorough analysis, ultimately leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Wed, 23 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347195