50C and 56(2)(vii)

135 views 1 replies
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.
Replies (1)

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


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register