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I.T.AS. NOS. 642/LB AND 824/LB OF 1988-89, DECIDED ON 22ND MAY, 1989 versus I.T.AS. NOS. 642/LB AND 824/LB OF 1988-89, DECIDED ON 22ND MAY, 1989

Section 13 Property Price The Income Tax Officer evaluates the value of the property without any goods or evidence. There is no reason for the ITO to waive the price authorized by the excise authorities - despite the fact that the capital gains tax was not paid. There was no reason for the ITO to dismiss the valuation of the property as the registered dead income tax officer said the valuation was based on speculation and prices and there was no shortage of estimates as no attempt was made. Was. Find out about the area covered by the property and the current market price The fact that the sale contract showed a lower price was not enough to reject this valuation according to the registered process. inheritance advocates near Pindi bhohri lawyer