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    <title>Reference to Valuation Cell in those cases where the value of immovable property is Rs.50,000/- or more.</title>
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    <description>Refer to the Valuation Cell where, during a pending assessment, an assessee claims to have constructed a building and declares the cost of the whole building at or above the Board&#039;s prescribed high threshold; this is in addition to existing instructions to refer cases of suspected understatement in immovable property value that meet the earlier threshold, and assessing officers must be notified of these combined referral requirements.</description>
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      <description>Refer to the Valuation Cell where, during a pending assessment, an assessee claims to have constructed a building and declares the cost of the whole building at or above the Board&#039;s prescribed high threshold; this is in addition to existing instructions to refer cases of suspected understatement in immovable property value that meet the earlier threshold, and assessing officers must be notified of these combined referral requirements.</description>
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