https://www.taxtmi.com/caselaws?id=406600 The Tribunal allowed the appeal for statistical purposes, directing the AO to refer the valuation of the property to the Valuation Officer and recompute the taxable capital gain based on the Valuation Officer's report. The Tribunal emphasized the importance of following the legal procedure when disputing a registered valuer's report and provided detailed references to relevant case laws to support its decision. The issues related to the year of assessability and the value of the built-up area allotted by the developer were not pressed by the assessee and were consequently rejected. en-us Mon, 22 Mar 2021 00:00:00 +0530 Sat, 17 Apr 2021 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406600 The Tribunal allowed the appeal for statistical purposes, directing the AO to refer the valuation of the property to the Valuation Officer and recompute the taxable capital gain based on the Valuation Officer's report. The Tribunal emphasized the importance of following the legal procedure when disputing a registered valuer's report and provided detailed references to relevant case laws to support its decision. The issues related to the year of assessability and the value of the built-up area allotted by the developer were not pressed by the assessee and were consequently rejected. Case-Laws Income Tax Mon, 22 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406600