Computation of LTCG - the valuer has taken the stamp value rate ...

Case Laws Income Tax

June 11, 2019

Computation of LTCG - the valuer has taken the stamp value rate of year 2012 and worked its backward @ 10% growth rate to obtain FMV at 1.4.1981 - CIT(A)’s acceptance of the said valuer’s report as sacrosanct despite the papable lack of veracity of the valuer or method of valuation is not at all sustainable - remanded to AO to obtain valuation report from the DVO

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Computation of LTCG - the valuer has taken the stamp value rate ...

Case Laws Income Tax

June 11, 2019

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