Reference to DVO - Determination of cost of acquisition - if the ...

Section 55A: DVO can't reassess fair market value if declared value exceeds it based on registered valuer's report.

April 12, 2019

Case Laws Income Tax AT

Reference to DVO - Determination of cost of acquisition - if the value declared by an assessee on the strength of registered valuer’s report is more than the fair market value then reference u/s 55A for determining fair market value by the DVO cannot be sent - Amendment in Section 55A is prospective

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Reference to DVO - Determination of cost of acquisition - if the ...

Section 55A: DVO can't reassess fair market value if declared value exceeds it based on registered valuer's report.

April 12, 2019

Case Laws Income Tax AT

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