Assessing Officer can't replace actual sales value with personal valuation for LTCG; Section 50C misuse ruled illegal.

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....LTCG on sale of rights in land - AO was not empowered to adopt any valuation in place of actual sales consideration on the basis of his own notions or calculations - invoking the provisions of section 50C and in substituting some other valuation was clearly beyond the provisions of law - AT....