Property valuation procedures require collection of land area, building specifications and deeds to ensure accurate tax assessment. The Board directed assessing officers to obtain and use essential documentation and measurements-area of land, built-up area, construction specifications, building plans and copies of purchase deeds-for accurate property valuation during income-tax assessments, in response to PAC findings that such particulars were not being collected, resulting in acceptance of unverified declared values.
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.
Property valuation procedures require collection of land area, building specifications and deeds to ensure accurate tax assessment.
The Board directed assessing officers to obtain and use essential documentation and measurements-area of land, built-up area, construction specifications, building plans and copies of purchase deeds-for accurate property valuation during income-tax assessments, in response to PAC findings that such particulars were not being collected, resulting in acceptance of unverified declared values.
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