Reference to DVO cannot be made if assessee has challenged the valuation by stamp authorities

First contention of the assessee is that the sale consideration cannot be taken more than the actual sale consideration shown in the transfer deed i.e. a sum of Rs.4 1.51 crores. The alternative contention is that if the sale consideration is taken as valuation done by the Stamp Valuation Authorities then there is a mistake in calculation of sale consideration as TDR value has been taken at 100%. The sale consideration taken at Rs.57,74,51,000/- has been agitated firstly, on the ground that as per valuation done by Joint Director Town Planning (Valuation) Maharastra, Pune on 18/06/2010 the val...