SHRI NITINBHAI T. BHUPTANI, L.I.C,RAJKOT-GUJARAT vs. THE DY. COMMR. OF INCOME TAX, CIR.-4,, RAJKOT-GUJARAT
In the result appeals of the assessee are partly allowed
ITA 13/RJT/2016[2010-11]Status: DisposedITAT Rajkot18 Apr 2018AY 2010-11
Bench: Shri Pramod Kumar, Accountatn Member & Shri Rajpal Yadavआयकर अपील सं./ Ita No. 13/Rjt/2016 & 14/Rjt/2016 & 182/Rjt/2017 "नधा"रण वष"/Asstt. Year: 2010-2011, 2011-12 & 2012-13
For Appellant: R.D. Lalchandani, A.RFor Respondent: Smt. Namita Khurana, Sr. D.R
Section 10Section 10(14)Section 142(1)Section 143(1)Section 143(2)
Section 55A, a reference to Valuation Officer can be made for ascertaining the Fair Market Value of a capital asset for the purpose of Chapter IV dealing with determination of income under the head capital gain. In case before us, issue is not of capital gain or fair market value. The determination of annual value has to be done
