https://www.taxtmi.com/caselaws?id=470158 A registered valuer's report supporting fair market value, construction cost and land-development expenditure cannot be displaced by an Assessing Officer's own estimation without reliable contrary material, expert valuation or reference to the Departmental Valuation Officer where valuation is disputed. The notes state that, in the absence of an independent valuation enquiry, the registered valuer's determinations should be adopted and consequential indexation granted for the land, construction and development costs. en-us Wed, 23 Oct 2024 00:00:00 +0530 Fri, 17 Jul 2026 21:38:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470158 A registered valuer's report supporting fair market value, construction cost and land-development expenditure cannot be displaced by an Assessing Officer's own estimation without reliable contrary material, expert valuation or reference to the Departmental Valuation Officer where valuation is disputed. The notes state that, in the absence of an independent valuation enquiry, the registered valuer's determinations should be adopted and consequential indexation granted for the land, construction and development costs. Case-Laws Income Tax Wed, 23 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470158