TMI BlogAssessing Officer's Oversight: Ignored Section 50C(2) by Not Consulting District Valuation Officer for Asset Valuation.Valuation u/s 50C - Reference not made to DVO - Assessing Officer ought to have referred the valuation of the capital asset to the Valuation Officer, whereas, the authorities below referred to Section 50C(1) of the Act alone without adverting to Section 50C(2) - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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