Supersession of instruction no. 1857, dated 19-9-1990 - Vesting of property in central government - Disposal of properties acquired property be referred to Valuation Cell of the Department

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..... ies acquired property be referred to Valuation Cell of the Department INSTRUCTION NO. 2/2013 DATED 5-2-2013 In supersession to CBDT Instruction No. 1857 issued on 19-9-1990 vide F. No. 316/22/1989-OT for auction of properties purchased under Chapter XX-C of the Income-tax Act, 1961 , comprehensive instructions on the modalities of fixing the reserve price for auction of properties .....

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..... by the Valuation Cell, proposal shall be sent to the Board giving detailed reasons seeking prior permission. v. The reserve price so determined shall be valid for a period of six months from the date of determination of the same. [F. NO. 316/01/2013-OT], - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement .....

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