AdvertisementDilip Manibhai Prajapati Vs ITO (ITAT Ahmedabad) Ahmedabad ITAT: When Stamp Duty Value is Disputed, AO Must Refer Property Valuation to DVO under Section 56(2)(x) The Ahmedabad ITAT deleted the addition made under section 56(2)(x) on account of the difference between the stamp duty value and the purchase consideration of land. The Tribunal held that where the assessee disputes the stamp duty valuation on the grounds contemplated under section 50C(2), the Assessing Officer ought to refer the matter to the Departmental Valuation Officer (DVO) before making any addition. In the present case, the ...