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2016 (5) TMI 1022 - AT - Income TaxComputation of long term capital gain - whether value as on the date of sale as estimated by the DVO should be taken as full consideration received on transfer? - Held that:- The claim of the assessee made before CIT(A) and the manner of computation of long term capital gain has to be accepted. We hold and direct the AO to accept the said computation in view of the above conclusion that there is no necessity to decide on the correctness of the fair market value as on 01.04.1999 because the fair market value as on 01.04.1999 and also the value of the property as on the date of sale as given by the DVO is being accepted in toto. - Decided partly in favour of assessee
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