https://www.taxtmi.com/caselaws?id=359408 The Tribunal allowed the assessee's appeal for statistical purposes, directing the Assessing Officer to refer the matter to the Valuation Officer for proper valuation and to decide the issues afresh in accordance with the law. The Tribunal emphasized the necessity of referring the valuation of capital assets to the DVO when there is a variance between the fair market value claimed by the assessee and the value assessed by the stamp valuation authority. en-us Wed, 25 Apr 2018 00:00:00 +0530 Mon, 30 Apr 2018 08:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359408 The Tribunal allowed the assessee's appeal for statistical purposes, directing the Assessing Officer to refer the matter to the Valuation Officer for proper valuation and to decide the issues afresh in accordance with the law. The Tribunal emphasized the necessity of referring the valuation of capital assets to the DVO when there is a variance between the fair market value claimed by the assessee and the value assessed by the stamp valuation authority. Case-Laws Income Tax Wed, 25 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359408