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Authorities Err in April 1, 1981 Property FMV by Using Inadmissible Evidence, Ignoring Assessee's Accurate Calculation Memo.

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....Valuation of property - determination of FMV as on 1.4.1981 - The authorities committed a serious error in relying on an inadmissible evidence and in not taking into consideration the undisputed facts as well as the memo of calculation filed by the assessee, which is more proper - HC....