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Income Tax - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Valuation of land – CIT(A) has rightly pointed out that there ...


Valuation Report Binding on Assessing Officer Once Obtained, Confirms Commissioner of Income Tax (Appeals) u/s 55.

May 13, 2014

Case Laws     Income Tax     AT

Valuation of land – CIT(A) has rightly pointed out that there is a specific provision u/s 55 - once the valuation report is obtained by the Assessing Officer, it is binding on him - AT

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