https://www.taxtmi.com/caselaws?id=235046 The ITAT erred in rejecting the Valuation Officer's report without providing an opportunity of being heard, violating the principle of 'audi alteram partem.' The court admitted the matter as a substantial question of law and found that the Valuation Officer's report should have been considered. The appellant-department's appeal was allowed, quashing the ITAT's order and restoring the proceedings for a fresh decision in accordance with the law. The parties were directed to appear before the ITAT for further instructions. The appeal was allowed with no order as to costs. en-us Wed, 03 Jul 2013 00:00:00 +0530 Tue, 09 Jul 2013 09:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235046 The ITAT erred in rejecting the Valuation Officer's report without providing an opportunity of being heard, violating the principle of 'audi alteram partem.' The court admitted the matter as a substantial question of law and found that the Valuation Officer's report should have been considered. The appellant-department's appeal was allowed, quashing the ITAT's order and restoring the proceedings for a fresh decision in accordance with the law. The parties were directed to appear before the ITAT for further instructions. The appeal was allowed with no order as to costs. Case-Laws Income Tax Wed, 03 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235046