Capital Gains – Adoption of valuation made by the Stamp duty ...
Income Tax
February 7, 2012
Capital Gains – Adoption of valuation made by the Stamp duty authorities as consideration - - Once the assessee claimed before the A.O. that the fair market value determined by the stamp-duty authorities are higher then the actual sale consideration and A.O. is not satisfied with the explanation of the assessee then he should rather bound to refer the matter to the DVO for valuation.... - AT
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