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2019 (7) TMI 1636 - SCH - Income TaxAddition to the declared sale consideration received by the assessee for transfer of its shares - difference between the declared consideration and the market value of the property to tax - AO was of the opinion that the sale consideration was grossly inadequate given that the most significant or substantial asset held by the company was some immovable property - AO rejected the sale value and referred the issue to the District Valuation Officer (DVO) - HELD THAT - Special Leave Petitions are dismissed.
Title: Supreme Court of India dismisses Special Leave Petitions
Court: Supreme Court of India Judges: Rohinton Fali Nariman and Surya Kant, JJ. Decision: Special Leave Petitions dismissed Additional Information: Delay condoned; Pending application disposed of
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