https://www.taxtmi.com/caselaws?id=352742 The Tribunal adjusted the estimated values of properties downwards in the Assessee's favor due to lack of evidence provided. The Tribunal also dismissed the Revenue's appeal as the tax effect was below the prescribed limit, emphasizing adherence to such limits. The decision highlights the significance of substantiating property valuations with concrete evidence and complying with specified tax effect thresholds for appeals. en-us Tue, 19 Dec 2017 00:00:00 +0530 Thu, 21 Dec 2017 08:15:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352742 The Tribunal adjusted the estimated values of properties downwards in the Assessee's favor due to lack of evidence provided. The Tribunal also dismissed the Revenue's appeal as the tax effect was below the prescribed limit, emphasizing adherence to such limits. The decision highlights the significance of substantiating property valuations with concrete evidence and complying with specified tax effect thresholds for appeals. Case-Laws Wealth-tax Tue, 19 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352742