Rule-111AA, Conditions for reference to Valuation Officers (IT Rules, 1962)

Rule-111AA, Conditions for reference to Valuation Officers (IT Rules, 1962)

Income Tax

[Conditions for reference to Valuation Officers.

(The percentage of the value of the asset and the amount referred to in sub-clause (i) of clause (b) of section 55A shall, respectively, be 15 per cent and Rs. 25,000.]