Valuation Cell jurisdiction limited by amended taxation laws, with guidance on concluding ongoing referrals and handling new valuation cases. Valuation Cell jurisdiction is delineated: completed or near-complete valuations may be finalised and treated as advisory; unstarted references that fall within statutory referral provisions should be returned to assessing officers for consideration of formal referral after the amendments take effect; reports already submitted but undecided may be formally re-referred for fresh reports under the statutory procedure. Non statutory matters and Estate Duty cases remain with the Valuation Cell, and Executive Engineers appointed as arbitrators retain their position.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Valuation Cell jurisdiction limited by amended taxation laws, with guidance on concluding ongoing referrals and handling new valuation cases.
Valuation Cell jurisdiction is delineated: completed or near-complete valuations may be finalised and treated as advisory; unstarted references that fall within statutory referral provisions should be returned to assessing officers for consideration of formal referral after the amendments take effect; reports already submitted but undecided may be formally re-referred for fresh reports under the statutory procedure. Non statutory matters and Estate Duty cases remain with the Valuation Cell, and Executive Engineers appointed as arbitrators retain their position.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
