acres 15 euntas, The Relerence Count 'by adopting capitalization method,
awarded a sum of Rs.45,000/- 'pet agi to the irrigated land
submit' that the Court while determining the
corifipensatio-n_ adopted capitalization method. The
Court ii"/lhile doing so has held that appellant
pwiaspligroiying
M/S. Tally Solutions Private Ltd, ... vs Assessee on 15 September, 2011
Page 1 of
case and in
law, the CIT(A) erred in adopting Earning Capitalization
Method for valuation of shares as against the method
adopted
erred
in adopting earning capitalization method for valuation of shares as against
the method adopted by the AO of share valuation method as per wealth
that he has assessed the value on the basis of Income
Capitalization method. In his cross examination nothing has came out to assail the
credibility
What is ruled therein is that the methods of valuation are (1)
opinion of experts, (2) the prices paid within a reasonable time in
bona ... lands acquired. The Supreme
Court has cautioned that normally, the method of capitalizing the
actual or immediately prospective profits or the rent of a number
What is ruled therein is that the methods of valuation are (1)
opinion of experts, (2) the prices paid within a reasonable time in
bona ... lands acquired. The Supreme
Court has cautioned that normally, the method of capitalizing the
actual or immediately prospective profits or the rent of a number
will apply to all pending
proceedings including appeal/reference proceedings. Method of
capitalization of income on number of years' purchase value
same village and
for similar period, and the second method is capitalization of
the annual income of the acquired land on the basis ... methods which may be used to assess the annual income from the
land which the owner have been deriving or expected to derive is
capitalization