Tuesday, June 25, 2019

AO can’t reject valuation report prepared by prescribed valuer following DCF method

IT : If IT Act provides assessee to get valuation done from a prescribed expert as per prescribed method, then same cannot be rejected because neither Assessing Officer nor assessee have been recognized as expert under law

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000188878/ao-can’t-reject-valuation-report-prepared-by-prescribed-valuer-following-dcf-method.aspx

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