https://www.taxtmi.com/circulars?id=4783 Para. III(b) of the 1957 Board Circular has been withdrawn and is superseded by later statutory amendment and administrative guidance. The Wealth-tax Officer may refer valuation of capital assets to the Valuation Officer where the officer considers a returned value, including one provided by a registered valuer, to be below fair market value according to prescribed thresholds or where, given the asset's nature and other considerations, a reference is necessary. en-us Fri, 06 Jul 1984 00:00:00 +0530 Sat, 02 Aug 2008 16:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4783 Para. III(b) of the 1957 Board Circular has been withdrawn and is superseded by later statutory amendment and administrative guidance. The Wealth-tax Officer may refer valuation of capital assets to the Valuation Officer where the officer considers a returned value, including one provided by a registered valuer, to be below fair market value according to prescribed thresholds or where, given the asset's nature and other considerations, a reference is necessary. Circulars Income Tax Fri, 06 Jul 1984 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4783