Valuation - Sale of immovable property

[gurdeep singh Ahuja]

where the assessing officer refered the matter to valuation cell in respect of sale of immovable property without giving an opportunity to assessee what is the remedy lies with the assessee to invalidate the action of A.O.

[Surender Gupta]

It is required to ascertain first the circumstances and provision of the law under which the matter has been referred to valuation cell.

AI Summary

Opportunity to be heard in valuation referral: remedy hinges on statutory authorisation and referral circumstances. Referral of a sale of immovable property to the valuation cell without affording the assessee an opportunity to be heard raises a procedural question; the remedy depends on identifying the statutory authorisation for the assessing officer's referral and the specific circumstances surrounding that referral.