A.O. can assess the undisclosed income as a result of search ...

A.O. Cannot Refer to Valuation Officer for Fair Market Value in Search Cases u/s 55A(b)(ii).

September 21, 2012

Case Laws Income Tax HC

A.O. can assess the undisclosed income as a result of search only on the basis of material or information as are available in the search. He is not authorised to refer the matter to the Valuation Officer under Section 55A (b) (ii) to asses the fair market value - HC

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A.O. can assess the undisclosed income as a result of search ...

A.O. Cannot Refer to Valuation Officer for Fair Market Value in Search Cases u/s 55A(b)(ii).

September 21, 2012

Case Laws Income Tax HC

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