https://www.taxtmi.com/caselaws?id=286207 The Tribunal set aside the valuation matter to the Assessing Officer (AO) for a fresh report from the District Valuation Officer (DVO) due to the DVO's reliance on inappropriate valuation methods. The AO was instructed to consider the detailed objections raised by the assessee and provide a fair opportunity for input. The issues concerning deductions under Sections 54F and 54B were also remanded to the AO for reconsideration based on the revised valuation. The appeal was partially allowed for statistical purposes. en-us Thu, 11 Jul 2019 00:00:00 +0530 Mon, 17 Feb 2020 08:20:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286207 The Tribunal set aside the valuation matter to the Assessing Officer (AO) for a fresh report from the District Valuation Officer (DVO) due to the DVO's reliance on inappropriate valuation methods. The AO was instructed to consider the detailed objections raised by the assessee and provide a fair opportunity for input. The issues concerning deductions under Sections 54F and 54B were also remanded to the AO for reconsideration based on the revised valuation. The appeal was partially allowed for statistical purposes. Case-Laws Income Tax Thu, 11 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286207