Corporate TaxArticle·19 August 2026
Writ intervention during ongoing assessment proceedings
By J the App
Executive Summary
The Court held that the CIT(A)'s order expressly provided two alternatives, adoption of the stamp duty value or reference to the DVO where it did not reflect fair market value. Since the scope of that alternative required clarification, the taxpayer was directed to approach the CIT(A); the writ petition against the DVO reference was held.
Domain | Direct Tax | Corporate Tax
Background
For AY 2014-15, the Assessing...
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