https://www.taxtmi.com/highlights?id=50002 Capital gain computation - fair market value u/s. 50C - we accept the contention of the assessee that it is a distress sale and assessee was constrained to sell the property to none other than the Respondent in the Civil Suit and therefore, the property could not have been sold at the fair market value. Appeal of the assessee is allowed. en-us Sat, 02 Nov 2019 15:07:00 +0530 Sat, 02 Nov 2019 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50002 Capital gain computation - fair market value u/s. 50C - we accept the contention of the assessee that it is a distress sale and assessee was constrained to sell the property to none other than the Respondent in the Civil Suit and therefore, the property could not have been sold at the fair market value. Appeal of the assessee is allowed. Highlights Income Tax Sat, 02 Nov 2019 15:07:00 +0530 https://www.taxtmi.com/highlights?id=50002