56(2)(x) immovable property

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Ready recknor value - 157 lacs
Agreement value - 79 lacs
Demand income considered 83 lacs
U/s 144 suo moto order for reassessment 148
Date of order 19/1/21 Ay 2018-19, Age of building at the time of sale 50 + years
Replies (3)
What is your query ? There is wide gap between RR rate and Agreement value.
Query is what further procedure needs to be done after demand order 156

You may either prefer an appeal or pay the demand


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