Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2008 (11) TMI 154 - UTTARKHAND HIGH COURT
Whether Tribunal was justified in holding that without rejecting the books of account, AO was not justified in making reference to the Departmental Valuation Officer, ignoring the retrospective effect of the provisions of section 142A - Whether it is mandatory to reject the books of account before making reference u/s 131(1)(d) - Tribunal was not justified in holding that without rejecting the books of account AO was not justified in making reference to the DVO - we also hold that it is not mandatory for AO to reject the books of account first before making reference u/s 131(1)(d) or calling for a report of valuer u/s 142A