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2014 (11) TMI 1176 - AT - Income TaxRevision u/s 263 - valuation of the plot by DVO u/s 55A((b)(ii)- Held that:- As observed by us that the assessment was framed subject to valuation by the DVO. This, by itself is a deficiency in the order under section 143(3). The proposal was received by the CIT from the AO, which clearly means that there has been no independent application of mind by the CIT - Since the proceedings got in the infirmity zone at the first stage, it is not necessary for us to proceed further on merits. - Decided in favour of assessee.
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