https://www.taxtmi.com/manuals?id=945 Section 55A permits the assessing officer to refer valuation of a capital asset to a Valuation Officer to ascertain fair market value where the claimed value appears to differ from fair market value, including situations where a registered valuer's estimate is inconsistent with fair market value, where the fair market value materially exceeds the claimed value, or where the asset's nature and circumstances make a reference necessary; valuation officers appointed under wealth taxation rules exercise defined jurisdiction for income tax valuation purposes. en-us Tue, 25 Aug 2015 14:55:00 +0530 Thu, 21 Mar 2024 18:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=945 Section 55A permits the assessing officer to refer valuation of a capital asset to a Valuation Officer to ascertain fair market value where the claimed value appears to differ from fair market value, including situations where a registered valuer's estimate is inconsistent with fair market value, where the fair market value materially exceeds the claimed value, or where the asset's nature and circumstances make a reference necessary; valuation officers appointed under wealth taxation rules exercise defined jurisdiction for income tax valuation purposes. Manuals Income Tax Tue, 25 Aug 2015 14:55:00 +0530 https://www.taxtmi.com/manuals?id=945