Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2019 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (3) TMI 213 - AT - Income TaxComputation of LTCG - assessee objects Stamp Duty valuation u/s. 50C before AO and requested to reference to DVO - non reference of the matter to Valuation Officer u/s 50C(2)- HELD THAT:- As relying on SHRI CHANDRA NARAIN CHAUDHRI [2013 (9) TMI 646 - ALLAHABAD HIGH COURT] and SRI SUSHIL KUMAR NATHANY VERSUS INCOME-TAX OFFICER, WARD–4 (2) , HYDERABAD [2018 (3) TMI 428 - ITAT HYDERABAD] we remand the issue to the file of Assessing Officer with a direction to refer the matter to the Departmental Valuation Officer and to re-compute the Long Term Capital Gain denovo. - Appeal of assessee is allowed for statistical purposes
|