https://www.taxtmi.com/acts?id=45767 Creates an arbitration procedure allowing the Appellate Tribunal to refer disputes over fair market value under section 52 to two appointed valuers (one nominated by each party; Tribunal may appoint for non nominating parties), with a third valuer resolving disagreements; the Tribunal must follow valuers' decision on the referred question, valuers must report within the prescribed period or the reference may be deemed withdrawn, costs are at the Tribunal's discretion, valuers have specified Civil Court powers, and the Arbitration Act does not apply. en-us Mon, 02 Dec 2024 18:19:02 +0530 Mon, 02 Dec 2024 18:19:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45767 Creates an arbitration procedure allowing the Appellate Tribunal to refer disputes over fair market value under section 52 to two appointed valuers (one nominated by each party; Tribunal may appoint for non nominating parties), with a third valuer resolving disagreements; the Tribunal must follow valuers' decision on the referred question, valuers must report within the prescribed period or the reference may be deemed withdrawn, costs are at the Tribunal's discretion, valuers have specified Civil Court powers, and the Arbitration Act does not apply. Act-Rules F. Acts / Amendment Acts Mon, 02 Dec 2024 18:19:02 +0530 https://www.taxtmi.com/acts?id=45767