Madras High Court: No Appeal Lies Against E-Court Status or Adjournment Orders  ||  Chhattisgarh HC: Judicial Officer Promotion Cannot be Denied on Complaint Without Disciplinary Action  ||  Delhi High Court: January 1 as Deemed Service Date For Delhi and Andaman Civil and Police Officers  ||  Delhi High Court: Private Media Houses Performing Public Functions are Subject to Writ Jurisdiction  ||  Rajasthan High Court Orders Registration of Pets That May Pose a Threat to Human Life  ||  Delhi High Court: NSE Qualifies as a Public Authority under the RTI Act  ||  Bombay High Court: Sikh Exemption From Helmet Rule is a Reasonable Classification under Article 14  ||  Supreme Court: Advocate Cannot Enter a Compromise Without the Client’s Authorisation  ||  Calcutta High Court: State Must Protect Every Accused From Mob Violence  ||  Supreme Court: Gujarat Municipal Election Candidates Must Disclose Their Spouses’ Assets    

ITAT: Non-Compliance of Valuation Will Not Render Assessment Erroneous if Sale is Under SARFEASI Act - (15 Jul 2022)

DIRECT TAXATION

Income Tax Appellate Tribunal (ITAT), Delhi bench has held that an assessment order cannot be held as “erroneous” for failure to comply with the provisions of Section 50C of the Income Tax Act, 1961 if the sale of property was made under the SARFEASI Act.

Tags : ITAT   VALUATION   SARFEASI  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved