https://www.taxtmi.com/highlights?id=14658 Capital Gains - valuation u/s 50C - AO has to record valid reasons, which are justifiable in law. He is not required to adopt an evasive approach of applying deeming provision without deciding the objection or to refer the matter to the DVO under Section 55-A of the Act as a matter of course, without considering the report of approved valuer submitted by the assessee - HC en-us Sat, 21 Sep 2013 13:23:49 +0530 Sat, 21 Sep 2013 13:23:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=14658 Capital Gains - valuation u/s 50C - AO has to record valid reasons, which are justifiable in law. He is not required to adopt an evasive approach of applying deeming provision without deciding the objection or to refer the matter to the DVO under Section 55-A of the Act as a matter of course, without considering the report of approved valuer submitted by the assessee - HC Highlights Income Tax Sat, 21 Sep 2013 13:23:49 +0530 https://www.taxtmi.com/highlights?id=14658