https://www.taxtmi.com/caselaws?id=416096 The Tribunal allowed the appeal, determining that the sale consideration for capital gains should be Rs. 25,25,000 based on the date of agreement. It held that the AO should have referred the valuation matter to the Valuation Officer and applied the proviso to Section 50C retrospectively. Additionally, the appellant was deemed eligible for exemption under Section 54F for all three residential units constructed. As a result, the appeal of the assessee was allowed. en-us Thu, 25 Nov 2021 00:00:00 +0530 Tue, 21 Dec 2021 08:44:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416096 The Tribunal allowed the appeal, determining that the sale consideration for capital gains should be Rs. 25,25,000 based on the date of agreement. It held that the AO should have referred the valuation matter to the Valuation Officer and applied the proviso to Section 50C retrospectively. Additionally, the appellant was deemed eligible for exemption under Section 54F for all three residential units constructed. As a result, the appeal of the assessee was allowed. Case-Laws Income Tax Thu, 25 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416096