dvo report

  • Income Tax

DVO Report not sufficient information for reopening assessment u/s 147

DVO Report based on mere estimate not sufficient information for the purpose of reopening assessment u/s 147. ITAT deleted addition…

5 years ago
  • Income Tax

No Addition for upto 10 percent difference in DVOs report and investment shown by the assessee-ITAT

No Addition for upto 10 percent difference in DVOs report and the amount of investment shown by the assessee which…

7 years ago
  • Income Tax

Land within municipal limits can not be treated agricultural based on revenue record. Revision u/s 263 upheld for wrong DVO report – Allahabad High Court

Land within municipal limits can not be treated agricultural based on revenue record. Revision u/s 263 upheld for assessment based…

7 years ago
  • Income Tax

No Penalty us 2711c for additions made on DVO report basis as it is just an opinion estimate. This proposition of Law is in line with Supreme Court judgment

No Penalty us 2711c for additions  made on DVO report basis as the DVO report is just an opinion or…

8 years ago