Computation of long term capital gains - reference to DVO - FMV ...
Taxpayer's Declared Property Value Accepted: No Section 55A Reference Allowed for Lower Valuation by DVO.
August 20, 2019
Case Laws Income Tax AT
Computation of long term capital gains - reference to DVO - FMV declared by assessee as on 01.04.1981 - no reference can be made u/s 55A in order to value the cost of acquisition of property as on 01.04.1981 at a figure lesser than the value declared by the assessee - directed to accept FMV declared by assessee
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