https://www.taxtmi.com/caselaws?id=776849 ITAT MUMBAI - AT held that where AO obtained a DVO valuation higher than the Stamp Valuation Authority (SVA) value but the assessee produced a registered sale agreement showing a ready reckoner valuation of Rs. 3,21,43,500 and the revenue did not rebut it, AO must accept the SVA-determined value under s.50C(3). The matter was remanded for AO to adopt Rs. 3,21,43,500 and recompute capital gains on the assessee's one-fourth share; assessee's grounds were allowed. en-us Mon, 18 Aug 2025 00:00:00 +0530 Wed, 20 Aug 2025 08:34:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776849 ITAT MUMBAI - AT held that where AO obtained a DVO valuation higher than the Stamp Valuation Authority (SVA) value but the assessee produced a registered sale agreement showing a ready reckoner valuation of Rs. 3,21,43,500 and the revenue did not rebut it, AO must accept the SVA-determined value under s.50C(3). The matter was remanded for AO to adopt Rs. 3,21,43,500 and recompute capital gains on the assessee's one-fourth share; assessee's grounds were allowed. Case-Laws Income Tax Mon, 18 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776849