https://www.taxtmi.com/caselaws?id=304165 The Appellate Tribunal upheld the decision of the learned CIT(A) regarding the rectification of assessment based on a valuation report received after completion of assessment. The Tribunal emphasized that the Assessing Officer cannot rely on a report from the DVO after passing the assessment order and directed the computation of long term capital gain based on the Registered Valuer's Report. The Tribunal confirmed the findings of the CIT(A) and dismissed the revenue's appeal. en-us Mon, 08 Apr 2013 00:00:00 +0530 Sat, 10 Sep 2022 13:18:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304165 The Appellate Tribunal upheld the decision of the learned CIT(A) regarding the rectification of assessment based on a valuation report received after completion of assessment. The Tribunal emphasized that the Assessing Officer cannot rely on a report from the DVO after passing the assessment order and directed the computation of long term capital gain based on the Registered Valuer's Report. The Tribunal confirmed the findings of the CIT(A) and dismissed the revenue's appeal. Case-Laws Income Tax Mon, 08 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304165