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AO can’t make reference to Valuation Officer without declaration of lesser sale price by assessee
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Corporate Tax
AO can’t make reference to Valuation Officer without declaration of lesser sale price by assessee
Posted on
on
May 11, 2015
Tenet Tax Daily May 07 2015
By
tenettax-team
Corporate Tax
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No reassessment after 4 years without obtaining sanction of CIT – original assessment was made under sec. 143(3)
AAR couldn’t reject application without explaining how transaction via Mauritius route was made for tax avoidance
