Menu
Notice of scrutiny and power of a.o. to refer to valuation o
Can anyone plz explain whether the assessing officer has the power to reopen the assessment and make an assessee liable to pay tax on the inflated revised valuation done by DVO..
Replies (1)
The AO can assess the income only on value at the time of transfer.
Recent Threads
- Are AI tools like ChatGPT actually useful for CA w
- UK TAX (HMRC) HELP WITH INVESTIGATIONS, DISPUTES,
- Payment processor not transferring or refunding pa
- Form 16 format
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
Related Threads
CAclubindia
