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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Valuation of property - determination of FMV as on 1.4.1981 - ...


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

December 13, 2013

Case Laws     Income Tax     HC

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

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