2016 (8) TMI 1381

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....dated 3rd June, 2013 for the assessment year 2010-11, on the following ground:- "The learned CIT(A) grossly erred in not directing the Income Tax Officer for reference to Valuation Cell as per the provisions of section 50C(2) of the Act though specific request was made to the concerned officer with letter given in person and though copy of such letter was also given in the appeal proceedi....

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....rial on record and duly considered facts of the case in the light of the applicable legal position. 4. I find that, as held by Hon'ble Calcutta High Court in the case of Sunil Kumar Agarwal vs. CIT [(2015) 372 ITR 83 (Cal], even in the absence of specific request from the assessee, the Assessing Officer has to give an option to the assessee to follow the course provided by law under section 50C....