Valuation Officer report u/s. 142A

Sunil (CA in Practice) (94 Points)

09 October 2007  
Good Day!!

AO has directed for the Valuation report u/s. 142A. Is it necessary for him to take into consideration the Valuation Report for Assessment or Re-Assessment?

Please reply/clarify.
any ref to Case Law is highly appreciative.

Regards
Sunil

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