https://www.taxtmi.com/caselaws?id=412740 The Tribunal partly allowed the appeal filed by the assessee for statistical purposes. The Tribunal found no delay in filing the appeal and proceeded to hear it on its merits. It dismissed the ground regarding non-service of notice u/s. 148 as the mother's participation was considered valid. The Tribunal also rejected the contention of non-service of notice u/s. 142(1) and directed the Assessing Officer to refer the issue to the DVO for fair market valuation of the property under section 50C. The decision aimed at ensuring compliance with legal provisions and fair assessment of capital gains. en-us Mon, 20 Sep 2021 00:00:00 +0530 Fri, 24 Sep 2021 14:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412740 The Tribunal partly allowed the appeal filed by the assessee for statistical purposes. The Tribunal found no delay in filing the appeal and proceeded to hear it on its merits. It dismissed the ground regarding non-service of notice u/s. 148 as the mother's participation was considered valid. The Tribunal also rejected the contention of non-service of notice u/s. 142(1) and directed the Assessing Officer to refer the issue to the DVO for fair market valuation of the property under section 50C. The decision aimed at ensuring compliance with legal provisions and fair assessment of capital gains. Case-Laws Income Tax Mon, 20 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412740