https://www.taxtmi.com/caselaws?id=352587 The ITAT Hyderabad remitted the matter to the AO for a de novo adjudication after referring to the DVO and considering the assessee's objections, ultimately allowing the appeal for statistical purposes. The ITAT noted that failure to refer to a valuation officer, as mandated by Section 50C, led to setting aside the assessment for fresh adjudication, citing precedents. en-us Wed, 06 Dec 2017 00:00:00 +0530 Mon, 18 Dec 2017 08:40:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352587 The ITAT Hyderabad remitted the matter to the AO for a de novo adjudication after referring to the DVO and considering the assessee's objections, ultimately allowing the appeal for statistical purposes. The ITAT noted that failure to refer to a valuation officer, as mandated by Section 50C, led to setting aside the assessment for fresh adjudication, citing precedents. Case-Laws Income Tax Wed, 06 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352587