Fair Market Value for Capital Gains Must Be Assessed by DVO, Not AO or CIT(A), Says Court.

Capital gain computation - adoption of fair market value as on 01.04.1981 - FMV is to be determined by the DVO instead of determining the value by the AO/CIT(A) without taking the technical expert’s opinion - remanded to AO to get the valuation report from the DVO and decide the issue afresh .....

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