High Court Upholds ITAT Decision: AO Must Refer Rent Valuation to Officer, Follow Rent Control Act Principles.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Reference of matter to the Valuation Officer - Instead of leaving any discretion in the hands of the AO in working out, all that the Tribunal did was to direct the AO to get guided by the principles contained in the Rent Control Act in the matter of fixation of fair rent - Order of ITAT upheld - HC....