https://www.taxtmi.com/caselaws?id=353447 The Tribunal allowed both appeals, directing the deletion of the addition made on account of Long Term Capital Gain (LTCG) and criticizing the method of valuation adopted by the District Valuation Officer (DVO). The decision emphasized the importance of considering all relevant factors affecting the property's value, particularly in cases involving distress sales and ongoing disputes. The Tribunal's findings applied to both appeals, resulting in the deletion of the contested additions. en-us Wed, 20 Sep 2017 00:00:00 +0530 Thu, 04 Jan 2018 09:20:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353447 The Tribunal allowed both appeals, directing the deletion of the addition made on account of Long Term Capital Gain (LTCG) and criticizing the method of valuation adopted by the District Valuation Officer (DVO). The decision emphasized the importance of considering all relevant factors affecting the property's value, particularly in cases involving distress sales and ongoing disputes. The Tribunal's findings applied to both appeals, resulting in the deletion of the contested additions. Case-Laws Income Tax Wed, 20 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353447