https://www.taxtmi.com/caselaws?id=60553 The Tribunal allowed the appeals for statistical purposes and directed a fresh examination by the AAC to determine the accurate value of the property, emphasizing consideration of all relevant factors. The dispute centered on the valuation of the assessee's share in a property in Calcutta for two assessment years, with the AAC accepting the assessee's lower valuation claim over the values initially assessed by the WTO. The Tribunal clarified the need for the WTO to independently assess the property's value for each year without solely relying on previous valuations. en-us Sat, 26 May 1984 00:00:00 +0530 Wed, 05 Jan 2011 18:29:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60553 The Tribunal allowed the appeals for statistical purposes and directed a fresh examination by the AAC to determine the accurate value of the property, emphasizing consideration of all relevant factors. The dispute centered on the valuation of the assessee's share in a property in Calcutta for two assessment years, with the AAC accepting the assessee's lower valuation claim over the values initially assessed by the WTO. The Tribunal clarified the need for the WTO to independently assess the property's value for each year without solely relying on previous valuations. Case-Laws Wealth-tax Sat, 26 May 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60553