https://www.taxtmi.com/caselaws?id=303833 The Tribunal held that the AO's reference to the DVO under section 55A(a) of the Income Tax Act was invalid as the appellant's declared value exceeded the fair market value. The AO was directed to re-calculate the capital gain based on the appellant's declared fair market value, leading to the appeal being allowed. en-us Thu, 27 Jun 2019 00:00:00 +0530 Thu, 18 Aug 2022 08:13:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303833 The Tribunal held that the AO's reference to the DVO under section 55A(a) of the Income Tax Act was invalid as the appellant's declared value exceeded the fair market value. The AO was directed to re-calculate the capital gain based on the appellant's declared fair market value, leading to the appeal being allowed. Case-Laws Income Tax Thu, 27 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303833