Reference to Valuation Officer by AO under Section:
A55A
B60
C92
D144
Answer & Solution
Correct answer: A. 55A
1. Section 55A authorizes AO to refer valuation to a Valuation Officer.
2. Made when AO opines value claimed by assessee is at variance with FMV.
3. VO's report used by AO in computing capital gains.
_Source: ICAI BoS CA Final Paper 7, Ch 4 "Capital Gains"_
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