SH. CHANDRA KANT CHAHAL,DEHRADUN vs. ITO, DEHRADUN

In the result, appeal of the assessee is partly allowed as indicated above

Bench: Shri Challa Nagendra Prasada N D Shrim. Balaganesh

57,000/- which value was adopted in assessee’s brother’s case by the Assessing Officer accepting the valuation done by the DVO and the assessment was accordingly completed under section 143(3) read with section 147 of the Act vide order dated 29.12.2016 and, therefore, there cannot be a different valuation for the purpose of computing capital gains