Finance Bill 2024 – Key Proposals The finance minister Nirmala Sitharaman unveiled...
Read MoreCost of acquisition under S. 49(1) should not modified due to difference in the valuation
Hon’ble Rajkot Tribunal (‘ITAT’) in its recent ruling1 held that the cost of acquisition under S. 49(1) should not modified due to difference in the valuation between Registered Valuer (‘RV’) and Department Valuation Officer (‘DVO’), if the difference is not substantial