https://www.taxtmi.com/caselaws?id=418064 The Tribunal allowed the appeal for statistical purposes, setting aside lower authorities' orders. The property valuation under Section 50C was remanded for fresh consideration as the DVO's report was deemed insufficient. The disallowance of improvement cost, brokerage, and construction expenses was also remanded for proper assessment, recognizing their impact on capital gains determination. Both issues were sent back to the Assessing Officer for detailed examination. en-us Wed, 01 Dec 2021 00:00:00 +0530 Tue, 08 Feb 2022 06:53:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418064 The Tribunal allowed the appeal for statistical purposes, setting aside lower authorities' orders. The property valuation under Section 50C was remanded for fresh consideration as the DVO's report was deemed insufficient. The disallowance of improvement cost, brokerage, and construction expenses was also remanded for proper assessment, recognizing their impact on capital gains determination. Both issues were sent back to the Assessing Officer for detailed examination. Case-Laws Income Tax Wed, 01 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418064