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2016 (8) TMI 1381 - AT - Income TaxMatter not referred to DVO u/s 50C(2) - computation of capital gains - Held that:- As held by Hon’ble Calcutta High Court in the case of Sunil Kumar Agarwal vs. CIT [2014 (6) TMI 13 - CALCUTTA HIGH COURT], even in the absence of specific request from the assessee, the Assessing Officer has to give an option to the assessee to follow the course provided by law under section 50C(2). Therefore, uphold the grievance of the assessee, and remit the matter to the file of the Assessing Officer for adjudication de novo after referring the matter to the DVO under section 50C(2) - Appeal allowed for statistical purposes.
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