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    <title>2020 (1) TMI 1066 - KARNATAKA HIGH COURT</title>
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    <description>The High Court ruled in favor of the appellant, holding that accepted valuations for capital gains in previous years should be continued in subsequent years. The Court found that the authorities had not addressed this issue adequately in their orders. Therefore, the appellant&#039;s appeal under Section 260-A of the Income Tax Act was allowed, the impugned order was quashed, and the matter was remitted to the Assessing Officer for a decision on the valuation for capital gains in line with the Court&#039;s findings.</description>
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    <pubDate>Wed, 08 Jan 2020 00:00:00 +0530</pubDate>
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      <description>The High Court ruled in favor of the appellant, holding that accepted valuations for capital gains in previous years should be continued in subsequent years. The Court found that the authorities had not addressed this issue adequately in their orders. Therefore, the appellant&#039;s appeal under Section 260-A of the Income Tax Act was allowed, the impugned order was quashed, and the matter was remitted to the Assessing Officer for a decision on the valuation for capital gains in line with the Court&#039;s findings.</description>
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