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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Reasons recorded after order of reference for valuation of the ...


Section 55A Clause (b) Inapplicable: Initial Opinion Formation Required Before Valuer's Recorded Reasons Can Be Considered.

February 11, 2014

Case Laws     Income Tax     AT

Reasons recorded after order of reference for valuation of the registered valuer is not the substitute of pre-decisional formation of opinion – thus, there is no applicability of clause (b) of section 55A which is meant for other purpose - AT

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