https://www.taxtmi.com/caselaws?id=378581 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to refer the valuation dispute to the District Valuation Officer for determining the fair market value of the property. The failure to refer the valuation to the DVO was deemed a procedural lapse, necessitating a reevaluation of the property value. The Tribunal emphasized the importance of following legal provisions and ensuring accurate valuation in tax assessments. en-us Mon, 15 Apr 2019 00:00:00 +0530 Thu, 18 Apr 2019 00:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378581 The Tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to refer the valuation dispute to the District Valuation Officer for determining the fair market value of the property. The failure to refer the valuation to the DVO was deemed a procedural lapse, necessitating a reevaluation of the property value. The Tribunal emphasized the importance of following legal provisions and ensuring accurate valuation in tax assessments. Case-Laws Income Tax Mon, 15 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378581