https://www.taxtmi.com/caselaws?id=237911 The High Court upheld the Tribunal's decision, ruling that the Assessing Officer lacked jurisdiction to refer valuation to the Valuation Officer. The Court clarified that Section 142A does not apply to assessments finalized before 30.9.2004. Consequently, the Court ruled in favor of the assessee, dismissing the appeal by the Revenue. en-us Tue, 28 Feb 2012 00:00:00 +0530 Fri, 11 Oct 2013 13:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237911 The High Court upheld the Tribunal's decision, ruling that the Assessing Officer lacked jurisdiction to refer valuation to the Valuation Officer. The Court clarified that Section 142A does not apply to assessments finalized before 30.9.2004. Consequently, the Court ruled in favor of the assessee, dismissing the appeal by the Revenue. Case-Laws Income Tax Tue, 28 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237911