https://www.taxtmi.com/caselaws?id=351865 The Tribunal upheld the assessee's valuation of a flat in Mumbai for computing capital gains, emphasizing the acceptance of the approved valuer's report without evidence to doubt its correctness. The Tribunal also allowed the cost of improvement for the flat, legal expenses related to civil litigation, and expenditure incurred in trading shares based on factual findings and evidence presented, dismissing appeals against these allowances. The judgment emphasized the importance of supporting evidence and factual findings in determining the validity of claims. en-us Tue, 28 Nov 2017 00:00:00 +0530 Sat, 02 Dec 2017 10:11:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351865 The Tribunal upheld the assessee's valuation of a flat in Mumbai for computing capital gains, emphasizing the acceptance of the approved valuer's report without evidence to doubt its correctness. The Tribunal also allowed the cost of improvement for the flat, legal expenses related to civil litigation, and expenditure incurred in trading shares based on factual findings and evidence presented, dismissing appeals against these allowances. The judgment emphasized the importance of supporting evidence and factual findings in determining the validity of claims. Case-Laws Income Tax Tue, 28 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351865