https://www.taxtmi.com/acts?id=15938 Amendment replaces the test in section 55A permitting an Assessing Officer to refer valuation to a Valuation Officer where the assessee's claimed value "is less than its fair market value" with a test allowing reference where the declared value "is at variance with its fair market value," thereby broadening the referral scope for ascertaining the fair market value of a capital asset. en-us Fri, 16 Mar 2012 14:25:46 +0530 Fri, 16 Mar 2012 17:35:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15938 Amendment replaces the test in section 55A permitting an Assessing Officer to refer valuation to a Valuation Officer where the assessee's claimed value "is less than its fair market value" with a test allowing reference where the declared value "is at variance with its fair market value," thereby broadening the referral scope for ascertaining the fair market value of a capital asset. Act-Rules Bills Fri, 16 Mar 2012 14:25:46 +0530 https://www.taxtmi.com/acts?id=15938