Latest updates for Departmental Valuation Officer

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Recent items include:

  • DVO Cannot Come First: Books Must Be Rejected Before Valuation Reference
  • Section 50C Addition Cannot Survive When AO Fails to Refer Valuation Dispute to DVO: ITAT
  • ITAT rules tax officer cannot pin entire stamp-value gap on one co-owner

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thetaxtalk.com /16 hours ago

DVO Cannot Come First: Books Must Be Rejected Before Valuation Reference

DVO Cannot Come First: Books Must Be Rejected Before Valuation Reference     Madras High Court Explains the Real Meaning of the Supreme Court’s Sargam Cinema Ruling Tax litigation...

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thetaxtalk.com /2 weeks ago

Section 50C Addition Cannot Survive When AO Fails to Refer Valuation Dispute to DVO: ITAT

Section 50C Addition Cannot Survive When AO Fails to Refer Valuation Dispute to DVO: ITAT   Assessee disputed stamp duty value and specifically requested DVO reference, but AO proc...

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realty.economictimes.indiatimes.com /1 week ago

ITAT rules tax officer cannot pin entire stamp-value gap on one co-owner

The Mumbai ITAT stated that one co-owner cannot be held accountable for the total tax discrepancy. The tribunal highlighted that the ownership shares had been explicitly recorded....

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thetaxtalk.com

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