https://www.taxtmi.com/caselaws?id=389560 The Tribunal quashed the assessment order dated May 19, 2016, as it was barred by limitation. The Tribunal held that the references to the Valuation Officer were correctly made under sections 55A and 50C(2) of the Income-tax Act, 1961, not under section 142A as contended by the Departmental representative. The appeal of the assessee was allowed, and the stay application was dismissed as infructuous. en-us Fri, 25 Oct 2019 00:00:00 +0530 Wed, 11 Dec 2019 13:59:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389560 The Tribunal quashed the assessment order dated May 19, 2016, as it was barred by limitation. The Tribunal held that the references to the Valuation Officer were correctly made under sections 55A and 50C(2) of the Income-tax Act, 1961, not under section 142A as contended by the Departmental representative. The appeal of the assessee was allowed, and the stay application was dismissed as infructuous. Case-Laws Income Tax Fri, 25 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389560