Investigation wing wasn’t empowered to make reference to DVO before 1-4-2017: ITAT

INCOME TAX : Where pursuant to search conducted upon assessee DDIT (Investigation) not being satisfied with value of immovable properties shown by assessee made reference to DVO on 11-7-2014 and on basis of his report made certain addition to income of assessee, in view of fact that DDIT(Inv.) got empowered to make reference to DVO under section 132(9D) only after 1-4-2017 by an amendment by Finance Act, 2017, impugned reference to DVO was unlawful

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