https://www.taxtmi.com/caselaws?id=58122 The Tribunal allowed the assessee's appeal and dismissed the Revenue's appeal, holding that the valuation shown by the assessee for the immovable property was justified based on the Circular of the CBDT applicable on the valuation date. The Tribunal set aside the orders of the authorities below and accepted the assessee's valuation for the property, providing relief by determining the fair market value of the land based on specific considerations and directing the allowance of the assessee's claim for compensation payable to protected tenants. en-us Mon, 13 Jul 1981 00:00:00 +0530 Fri, 17 Dec 2010 14:08:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58122 The Tribunal allowed the assessee's appeal and dismissed the Revenue's appeal, holding that the valuation shown by the assessee for the immovable property was justified based on the Circular of the CBDT applicable on the valuation date. The Tribunal set aside the orders of the authorities below and accepted the assessee's valuation for the property, providing relief by determining the fair market value of the land based on specific considerations and directing the allowance of the assessee's claim for compensation payable to protected tenants. Case-Laws Wealth-tax Mon, 13 Jul 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58122