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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Valuation of the property - registered valuer report more ...


Registered Valuer's Report Preferred for Property Valuation Due to Dual Methods and Physical Inspection Over DVO's Estimate.

July 3, 2015

Case Laws     Income Tax     AT

Valuation of the property - registered valuer report more acceptable, since the estimate of the DVO is based only on one method of valuation, where as we find that the Registered Valuer’s estimate was based on two different methods; and moreover the fact remains that he could physically examine the property, so it is more acceptable being nearer to correct estimate - AT

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