https://www.taxtmi.com/caselaws?id=375764 The High Court dismissed the appeal, upholding the ITAT's decision to remit the matter back to the AO for fresh adjudication. The Court found no substantial question of law arising from the appeal, affirming the need for detailed verification and consistency with previous Tribunal decisions. The valuation of encroached/litigated land must reflect its actual status and cannot be uniformly set at NIL without proper examination. en-us Wed, 23 Jan 2019 00:00:00 +0530 Mon, 27 Jul 2020 13:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375764 The High Court dismissed the appeal, upholding the ITAT's decision to remit the matter back to the AO for fresh adjudication. The Court found no substantial question of law arising from the appeal, affirming the need for detailed verification and consistency with previous Tribunal decisions. The valuation of encroached/litigated land must reflect its actual status and cannot be uniformly set at NIL without proper examination. Case-Laws Income Tax Wed, 23 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375764