Defect in Share Valuation under Income Tax Act: Delhi HC Remands for Re-adjudication [Read Order]

Defect in Share Valuation - Income Tax Act - Delhi High Court - Remands - Re-adjudication - taxscan

The Delhi High Court remanded the matter for re-adjudication of miscellaneous application to rectify the defect in the assessment of share valuation under the Income Tax Act, 1961. Analjit Singh, the petitioner filed an application seeking an early hearing of the writ petition. The petitioner/assessee approached the court to challenge the order passed vis-à-vis its…

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