Valuation of property u/s 50C - The mandatory language of ...

Assessing Officer Must Refer to District Valuation Officer for Property Valuation u/s 50C of Income Tax Act.

August 9, 2019

Case Laws Income Tax HC

Valuation of property u/s 50C - The mandatory language of Section 50C does not allow the AO to avoid making a reference thereunder and in surmising that the valuation report would not be received before the time limit for completion of assessment - Reference to DVO is mandatory.

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Valuation of property u/s 50C - The mandatory language of ...

Assessing Officer Must Refer to District Valuation Officer for Property Valuation u/s 50C of Income Tax Act.

August 9, 2019

Case Laws Income Tax HC

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