Tuesday, November 18, 2014

[aaykarbhavan] AO couldn’t adopt DVO’s report making valuation at CPWD if it exceeds market rate



 

AO couldn't adopt DVO's report making valuation at CPWD if it exceeds market rate

November 18, 2014[2014] 50 taxmann.com 206 (Punjab & Haryana)
IT: Where DVO valued construction at CPWD rates which were 30 per cent higher than market rate, no addition could be made over valuation of approved valuer as adopted by assessee
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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