Seoul High Court 2009Nu25745 (Law No. 10, 2010)

Seoul Administrative Court 2008Gudan17441 ( August 11, 2009)

Real Acquisition Value of Real Estate

The plaintiff asserts that the acquisition value of real estate is 400 million won, but the evidence submitted alone cannot be believed, and thus, it is legitimate to calculate gains on transfer by deeming that it constitutes a case where the distinction between the value of land and buildings

The contents of the decision shall be the same as attached.

The appeal is dismissed.

The costs of appeal are assessed against the Plaintiff.

All of the records of this case and the judgment of the court below and the grounds of appeal were examined, but it is clear that the assertion on the grounds of appeal by the appellant constitutes Article 4 of the Act on Special Cases Concerning the Procedure of Appeal and therefore, the appeal is dismissed pursuant to Article 5 of the above Act. It is so decided as per Disposition