Income Tax - Highlights / Catch Notes

Revision u/s 263 - cost of acquisition - valuation as on date OR ...

Debate on Property Valuation for Tax: Current Date vs. April 1, 1981, u/s 263 Revision.

May 7, 2019

Case Laws Income Tax AT

Revision u/s 263 - cost of acquisition - valuation as on date OR as on 01.04.1981 - The valuer as simply commented upon condition of the property during the course of his verification only - when two views are possible and that has resulted in loss of the revenue it cannot be treated as erroneous order prejudicial to the interest of the revenue unless the view taken by the AO is unsustainable in law

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Revision u/s 263 - cost of acquisition - valuation as on date OR ...

Debate on Property Valuation for Tax: Current Date vs. April 1, 1981, u/s 263 Revision.

May 7, 2019

Case Laws Income Tax AT

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