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Income Tax - Highlights / Catch Notes

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Reference of matter to DVO - assessee challenged the fair market ...

Income Tax

April 11, 2020

Reference of matter to DVO - assessee challenged the fair market value adopted by the assessing officer during the course of assessment proceeding itself and made a request for referring the matter of the valuation to DVO which was not accepted. - AO directed to refer the matter of DVO and do the assessment accordingly as per law - AT

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