https://www.taxtmi.com/caselaws?id=409933 The Tribunal allowed the appeal for statistical purposes, directing a fresh assessment by the Assessing Officer (AO) due to the lack of detailed arguments and persistent non-compliance by the assessee. The Tribunal found merit in the assessee's argument regarding share valuation based on market value of land and subscription by family members. The AO was instructed to reevaluate the issue considering facts and law, granting the assessee another opportunity to substantiate its case. en-us Mon, 19 Jul 2021 00:00:00 +0530 Tue, 20 Jul 2021 10:13:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409933 The Tribunal allowed the appeal for statistical purposes, directing a fresh assessment by the Assessing Officer (AO) due to the lack of detailed arguments and persistent non-compliance by the assessee. The Tribunal found merit in the assessee's argument regarding share valuation based on market value of land and subscription by family members. The AO was instructed to reevaluate the issue considering facts and law, granting the assessee another opportunity to substantiate its case. Case-Laws Income Tax Mon, 19 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409933