NO ADDITION ON VALUATION REPORT ::
Last updated: 28 October 2007
Court :
HC
Brief :
Held by the Hon`ble Court that, the reference can be made to the valuation officer for the purpose of sections 55(A), 131, 133(6), 142(2) and not for the purpose of finding out the cost. Therefore no addition is allowed on account of valuation report.
Citation :
C.I.T. Vs. Star Builders
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CA.Saibaburao Nanduri
Published in Income Tax
Views : 39
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