https://www.taxtmi.com/caselaws?id=352473 The ITAT Delhi partly allowed the assessee's appeal concerning the determination of long term capital gain for A.Y. 2008-09. The ITAT upheld the CIT(A)'s decision in favor of the assessee, emphasizing the need for the Assessing Officer to refer valuation discrepancies to a valuation officer as per section 50C(2)(a). Following the precedent set by the ITAT 'A' Bench, all grounds raised by the assessee were allowed, and the remaining grounds regarding capital gain were decided in favor of the assessee. en-us Wed, 29 Nov 2017 00:00:00 +0530 Fri, 15 Dec 2017 08:38:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352473 The ITAT Delhi partly allowed the assessee's appeal concerning the determination of long term capital gain for A.Y. 2008-09. The ITAT upheld the CIT(A)'s decision in favor of the assessee, emphasizing the need for the Assessing Officer to refer valuation discrepancies to a valuation officer as per section 50C(2)(a). Following the precedent set by the ITAT 'A' Bench, all grounds raised by the assessee were allowed, and the remaining grounds regarding capital gain were decided in favor of the assessee. Case-Laws Income Tax Wed, 29 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352473