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2022 (6) TMI 1243 - AT - Income TaxLTCG - Reference to approved valuer’s reports - addition by adopting different cost of acquisition than claimed by the appellant - validity of reference of matter to the DVO u/s 55A - HELD THAT:- As relying on the case of Swami Sat yananda, 2020 (6) TMI 429 - ITAT KOLKATA] pre-amended section 55A(a) is applicable to the assessee wherein the terminology used is “is less than its fair market value” - we direct assessing officer to take indexed cost of acquisition of asset at Rs.80 per sq.meter, for the purpose of computation of long term capital gain.
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