https://www.taxtmi.com/caselaws?id=180709 The Tribunal directed the Assessing Officer to refer the valuation of a property to the District Valuation Officer for accurate determination, following a dispute regarding the property's consideration amount. The Tribunal set aside the CIT(A) order and remanded the matter for valuation in accordance with Section 50C(2) of the Income Tax Act. The appeal was allowed for statistical purposes, emphasizing the significance of adhering to statutory provisions and involving the DVO in property valuation disputes. en-us Fri, 20 Mar 2009 00:00:00 +0530 Thu, 31 Mar 2016 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180709 The Tribunal directed the Assessing Officer to refer the valuation of a property to the District Valuation Officer for accurate determination, following a dispute regarding the property's consideration amount. The Tribunal set aside the CIT(A) order and remanded the matter for valuation in accordance with Section 50C(2) of the Income Tax Act. The appeal was allowed for statistical purposes, emphasizing the significance of adhering to statutory provisions and involving the DVO in property valuation disputes. Case-Laws Income Tax Fri, 20 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180709