1905/1992.

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..... ther than cash, for the purpose of the W.T.Act shall be its value as on the valuation date determined in the manner laid down in the Schedule III. As per the amended section 16A, the Assessing Officer may refer the valuation of any asset to a Valuation Officer where for the purpose of assessment, the market value of the asset is to be taken into account under the provisions of section 7 read with .....

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..... hedule III. The above clarification may be kept into consideration while applying para 35 of Board's Circular No.96 dated 25-11-1972 by the officers concerned. These instructions may please be brought to the notice of all concerned officers in your region. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxma .....

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