TMI BlogLTCG on 'Sale of Co-ownership Land' - Having adopted the DVO’s valuation in one of the co-owners case...LTCG on 'Sale of Co-ownership Land' - Having adopted the DVO’s valuation in one of the co-owners case who is the brother of the assessee for the assessment year i.e. 2011-12 for computing the long term capital gain, we see no justifiable reason to adopt a different valuation in assessee’s case for computing long term capital gain for his 1/6th share for the very same assessment year i.e. 2011-12. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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