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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Mandatory reference to Valuation Officer when assessee objects ...


Disputed Property Valuation? Assessing Officer Must Refer to Valuation Officer u/s 50C(2)(a) for Fair Assessment.

July 13, 2012

Case Laws     Income Tax     AT

Mandatory reference to Valuation Officer when assessee objects to valuation adopted by Assessing officer on invocation of Section 50C - in accordance with the provisions of section 50C(2)(a), he should have made a reference to the Valuation Officer - AT

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