TMI BlogValuation of property - Herald House, Bahadurshah Zafar Marg, New Delhi - FMV determination - We hold...Valuation of property - Herald House, Bahadurshah Zafar Marg, New Delhi - FMV determination - We hold that firstly, the circle rate which has been proposed by the appellant to be applied here in this case for valuing the property is not acceptable, because circle rate are not the right benchmark in all cases for determining the actual market value of property in Delhi especially where the property is located. Here it is found as a matter of fact that even in the sale instance of residential prop..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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