Reference to DVO mandatory when assessee objects adoption of stamp duty valuation: ITAT Ahmedabad

ITO Vs Ketaben Janakbhai Patel (ITAT Ahmedabad)

ITAT Ahmedabad held that it is mandatory for the AO to refer the valuation to the DVO if the assessee objects to the adoption of the stamp duty value and claims that the value adopted exceeds the fair market value.

Facts- A plot of land was purchased jointly by the

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