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Case Law Details

Case Name : Mohammed Khalid Habib Parihar Vs ITO (ITAT Mumbai)
Appeal Number : ITA no. 3345/Mum./2024
Date of Judgement/Order : 10/09/2024
Related Assessment Year : 2013-24
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Mohammed Khalid Habib Parihar Vs ITO (ITAT Mumbai)

ITAT Mumbai held that adoption of value of land as determined by the Stamp Duty Authority without referring the valuation to Valuation Officer u/s. 50C of the Income Tax Act unjustified. Accordingly, matter restored for de novo adjudication.

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