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    <title>2025 (10) TMI 1294 - ITAT AHMEDABAD</title>
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    <description>ITAT restored the disputed FMV determination and related cost and transfer-expense issues to the AO for de novo adjudication, directing the AO to refer valuation as on 01.04.1981 to the DVO at the assessee&#039;s request and to recompute LTCG after hearing the assessee and considering the DVO report and evidence. Orders disallowing improvement and transfer expenses were set aside and remitted to the AO for proper verification, including enquiry into persons named in bills and issuance of notices/summons; appeal allowed for statistical purposes.</description>
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      <link>https://www.taxtmi.com/caselaws?id=780497</link>
      <description>ITAT restored the disputed FMV determination and related cost and transfer-expense issues to the AO for de novo adjudication, directing the AO to refer valuation as on 01.04.1981 to the DVO at the assessee&#039;s request and to recompute LTCG after hearing the assessee and considering the DVO report and evidence. Orders disallowing improvement and transfer expenses were set aside and remitted to the AO for proper verification, including enquiry into persons named in bills and issuance of notices/summons; appeal allowed for statistical purposes.</description>
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