RAMAKRISHNAN PRABHU JYOTHI,,COIMBATORE vs. ACOT, NCC-5, , COIMBATORE
In the result the appeal is dismissed
ITA 690/CHNY/2020[2016-17]Status: DisposedITAT Chennai23 Aug 2024AY 2016-17
Section 142ASection 142A(1)Section 142A(6)Section 143(1)Section 153Section 250
property.\nReference under Section 142A is incorrect when specific provision\nof Section 55A available\n19. The Learned CIT(Appeals) failed to appreciate that the AO wrongly\nreferred the matter to District Valuation Officer when Assesse has\nsubmitted Valuation Report by Approved Valuer. The AO ought to have\nrecorded satisfaction under Sec.55A and in the present case there is no\nrecording
