2004 (7) TMI 650

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..... 03, passed by Tribunal in ITA No. 586/Ind/1998. 2. The question that arises for consideration in this appeal is, whether this appeal involves any substantial question of law as is required to be made out under s. 260A of the Act. 3. Heard Shri R.L. Jain, learned counsel for the appellant, on the question of admission. 4. Having heard learned counsel for the appellant and having perused re .....

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..... in the challenge laid by the Revenue. In fact, what is held by the Tribunal cannot be faulted with. The 10 per cent difference in the valuation made by the two valuers cannot be said to be either unreasonable or without any basis. It usually occurs and hence, if the authorities accepted the valuation of the assessee so far as the property in question is concerned, the said reasoning cannot be rega .....

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