https://www.taxtmi.com/caselaws?id=36775 The court concluded that the valuation of Rs. 9,400 should be considered as the real cost of acquisition for computing capital gains. The Tribunal's decision that the valuation was notional was deemed incorrect. The court ruled in favor of the revenue, entitling them to costs, including counsel's fee of Rs. 500. The AAC's order on the valuation date was considered final and not to be disturbed by the court's judgment. en-us Mon, 18 Jun 1979 00:00:00 +0530 Wed, 24 Mar 2010 13:51:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36775 The court concluded that the valuation of Rs. 9,400 should be considered as the real cost of acquisition for computing capital gains. The Tribunal's decision that the valuation was notional was deemed incorrect. The court ruled in favor of the revenue, entitling them to costs, including counsel's fee of Rs. 500. The AAC's order on the valuation date was considered final and not to be disturbed by the court's judgment. Case-Laws Income Tax Mon, 18 Jun 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36775