Long term capital gain on house property
This query is : Resolved
04 January 2017
I JUST WANNA TO KNOW THAT CAN A.O. ACCEPT THE VALUATION REPORT PARTIALLY AND CAN HE RELY ON ANY OTHER INFORMATION OTHER THAN VAUATION REPORT
04 January 2017
Applu section 50C.......if it is challenged by assessee, then AO can go for Valuation Report by Valuation Officer. The report is required to be accepted by AO with no modifications.
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