{"id":4462,"date":"2019-03-19T09:59:38","date_gmt":"2019-03-19T09:59:38","guid":{"rendered":"http:\/\/itatonline.org\/digest\/jitindar-singh-chadha-v-pcit-2019-175-itd-32-delhitrib\/"},"modified":"2019-07-20T09:05:14","modified_gmt":"2019-07-20T09:05:14","slug":"jitindar-singh-chadha-v-pcit-2019-175-itd-32-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/jitindar-singh-chadha-v-pcit-2019-175-itd-32-delhitrib\/","title":{"rendered":"Jitindar Singh Chadha. v.  PCIT (2019) 175 ITD 32\/ 200 TTJ 98 (Delhi)(Trib.)"},"content":{"rendered":"<p>AO completed assessment under u\/s \u00a0143(3) accepting \u00a0the capital gains. PCIT passed the revision order holding that the \u00a0A.O.\u00a0\u00a0 should have referred the matter to DVO u\/s 55A of the Act.\u00a0 On appeal the Tribunal held that\u00a0 on facts of the case AO was satisfied from valuation of property and he did not refer matter to DVO, it could be concluded that view taken by AO was one of possible views \u00a0.Accordingly the revision order was set aside. ( AY.2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 263 : Commissioner-Revision of orders prejudicial to revenue-Capital gains-Valuation\u2013Reference to valuation Officer- Discretionary power of the AO- Possible view\u2013Revision is held to be not valid. [S. 45, 55A]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4462","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-19Y","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=4462"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4462\/revisions"}],"predecessor-version":[{"id":6168,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/4462\/revisions\/6168"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=4462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=4462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=4462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}