LALIT KUMAR JALAN,JALAN PHARMACEUTICALS vs. ITO WARD-1(1), CUTTACK
In the result, appeal of the assessee is allowed with the directions
ITA 335/CTK/2024[2018-19]Status: HeardITAT Cuttack17 Oct 2024AY 2018-19
Section 142(1)Section 50C
transfer, the Assessing Officer may refer the valuation of the capital asset
to a Valuation Officer. Sub-section (2) further provides that where any
such reference is made, the provisions of sub-section (2), (3), (4), (5) and
(6) of section 16A, clause (i) of sub-section (1) and sub- section (6) and
(7) of section 23A, sub-section
