https://www.taxtmi.com/caselaws?id=379676 The Tribunal remitted the matter back to the CIT(A) for proper adjudication, emphasizing the importance of affording both the assessee and the DVO a fair hearing opportunity. The CIT(A) was directed to dispose of the proceedings within three months, with the appeal allowed for statistical purposes. The Tribunal stressed adherence to legal procedures and principles in valuation disputes, highlighting the need for a fair assessment process and proper hearings in challenging the correctness of valuation reports under section 50C of the Income Tax Act. en-us Mon, 01 Apr 2019 00:00:00 +0530 Mon, 06 May 2019 14:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379676 The Tribunal remitted the matter back to the CIT(A) for proper adjudication, emphasizing the importance of affording both the assessee and the DVO a fair hearing opportunity. The CIT(A) was directed to dispose of the proceedings within three months, with the appeal allowed for statistical purposes. The Tribunal stressed adherence to legal procedures and principles in valuation disputes, highlighting the need for a fair assessment process and proper hearings in challenging the correctness of valuation reports under section 50C of the Income Tax Act. Case-Laws Income Tax Mon, 01 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379676