https://www.taxtmi.com/caselaws?id=296137 The Tribunal held that the reference to the Departmental Valuation Officer (DVO) under Section 55A of the Income Tax Act was not valid for the assessment year 2012-13 as the amended provisions were not applicable. The Tribunal allowed the appeals, setting aside the addition towards long-term capital gains and upholding the fair market value adopted by the assessee based on the government-approved valuer's report. The order was pronounced on 27/11/2020. en-us Fri, 27 Nov 2020 00:00:00 +0530 Tue, 06 Jul 2021 09:42:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296137 The Tribunal held that the reference to the Departmental Valuation Officer (DVO) under Section 55A of the Income Tax Act was not valid for the assessment year 2012-13 as the amended provisions were not applicable. The Tribunal allowed the appeals, setting aside the addition towards long-term capital gains and upholding the fair market value adopted by the assessee based on the government-approved valuer's report. The order was pronounced on 27/11/2020. Case-Laws Income Tax Fri, 27 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296137