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Income Tax - Highlights / Catch Notes

Home Highlights February 2012 Year 2012 This

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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