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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

If the AO was to invoke the provisions of Sec. 50C, then A.O. ...


CIT(A) Failed to Direct AO for Valuation Officer Referral Before Applying Section 50C of Income Tax Act.

August 31, 2013

Case Laws     Income Tax     AT

If the AO was to invoke the provisions of Sec. 50C, then A.O. should have first referred the matter to the Valuation Officer - CIT(A) has erred in not asking the AO to refer the matter for valuation - AT

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