https://www.taxtmi.com/caselaws?id=426022 The Tribunal partly allowed the assessee's appeal by restricting the disallowance of expenses to Rs. 19 lakhs and deleting the addition of Rs. 5 lakhs for unexplained cash deposits. It upheld the deletion of the Rs. 5 crore addition to the sale consideration and determined the indexed cost of acquisition from 1981-82. Additionally, the Tribunal upheld the assessee's valuation of the land over the DVO's valuation, dismissing the Revenue's appeal in its entirety. en-us Wed, 03 Aug 2022 00:00:00 +0530 Fri, 05 Aug 2022 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426022 The Tribunal partly allowed the assessee's appeal by restricting the disallowance of expenses to Rs. 19 lakhs and deleting the addition of Rs. 5 lakhs for unexplained cash deposits. It upheld the deletion of the Rs. 5 crore addition to the sale consideration and determined the indexed cost of acquisition from 1981-82. Additionally, the Tribunal upheld the assessee's valuation of the land over the DVO's valuation, dismissing the Revenue's appeal in its entirety. Case-Laws Income Tax Wed, 03 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426022