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TMI Blog2013 (12) TMI 548X X X X Extracts X X X X X X X X Extracts X X X X ..... R 1. We have heard Shri S.D. Singh, Senior Advocate assisted by Shri Krishna Dev Vyas for the appellant. Shri Dhananjay Awasthi appears for the Income Tax department. 2. This Income Tax Appeal filed under Section 260-A of the Income Tax Act arises from an order of Income Tax Appellate Tribunal, Allahabad Bench, Allahabad dated 9.7.2013 for the assessment year 2004-05. 3. The appeal has been pre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in excess of the value fixed by the Officers Co-operative Society Limited, Agra in view of the provisions of U.P. Cooperation Societies Act, 1973? iv. Whether in view of peculiar admitted facts of the case of (i) land belonging to Co-operative society (ii) layout map of the land not being approved by the Agra Development Authority (iii) land being undulated and undeveloped and (iv) maximum sale ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ot and the fact, that it was earlier used for brick kiln and was not suitable for raising constructions nor any sanctioned plan was submitted, the valuation is extremely high. 5. We find that the CIT (A) and ITAT have considered the grounds, and have held that the question, as to whether the valuation has to be made by the DVO or AVO, is not a ground, which vitiates the valuation arrived at after ..... X X X X Extracts X X X X X X X X Extracts X X X X
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