50C and 56(2)(vii)

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79 Points Posted on 16 September 2018
Is it possible that ITO can refer valuation of land to DVO when scrutinising, in hands of seller, when if in the hands of buyer the same land was not referred to the DVO by another ITO.
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On 16 September 2018 at 21:31 Report
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SEO Sai Gr. Hosp.
212489 Points Posted on 17 September 2018

Yes, referr sec. 50C(2) of IT act.....

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On 17 September 2018 at 11:48

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