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2012 (6) TMI 563 - HC - Income TaxValuation - 50% of the share the assessee owns in the property. He acquired the same under a registered sale deed. 'The Appellate Commissioner accepted the valuation, on the basis of the valuation in the case of Sri S.K. Sanjay where the Tribunal has accepted the valuation. Apart from the consideration mentioned in the sale deed and ownerships slums on the property were taken into consideration in coming to the fair market value. valuation accepted by the Tribunal is just and proper and represents the true market value of the property. appeals are dismissed
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