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Income Tax - Highlights / Catch Notes

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Capital gain - when the valuation has been disputed by the ...


Authenticated Evidence Required in Capital Gains Disputes; Assessing Officer's Authority u/s 55A Not Sole Determinant.

June 12, 2013

Case Laws     Income Tax     AT

Capital gain - when the valuation has been disputed by the assessee, such authenticated evidence cannot be ignored simply for the reason that AO does not have power u/s 55A to refer the same to the DVO. - AT

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