Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2012 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (7) TMI 611 - AT - Income TaxLong term capital gain - Valuation - the assessee contended that where the AO proposes to adopt the stamp duty value as full value of consideration, he has a right to question such adoption by asking the AO to refer the matter of valuation to the valuation officer, which right was never given by the AO – Held that:- AO is directed to refer the matter of valuation to appropriate valuation officer after giving reasonable opportunity of being heard to the assessee - Revenue is allowed for statistical purposes
|