https://www.taxtmi.com/caselaws?id=294152 The Tribunal allowed a 10% tolerance limit for differences in sale values declared by the assessee and determined by the Assessing Officer under section 50C of the Income Tax Act, 1961 for capital gains tax on the sale of agricultural land. The Tribunal modified the order to reflect the adjustment based on this permissible tolerance limit, partially allowing the assessee's appeal. en-us Fri, 09 Nov 2018 00:00:00 +0530 Wed, 24 Mar 2021 09:08:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294152 The Tribunal allowed a 10% tolerance limit for differences in sale values declared by the assessee and determined by the Assessing Officer under section 50C of the Income Tax Act, 1961 for capital gains tax on the sale of agricultural land. The Tribunal modified the order to reflect the adjustment based on this permissible tolerance limit, partially allowing the assessee's appeal. Case-Laws Income Tax Fri, 09 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294152