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TMI Blog2017 (10) TMI 1536X X X X Extracts X X X X X X X X Extracts X X X X ..... the rate of land on the relevant period are higher - CIT(A) deleted the above addition - HELD THAT:- According to CIT-A nothing adverse was noticed from the reply of the parties from whom the enquiries were conducted by the AO and in fact they confirmed that the transaction of the sale of the properties is at the purchase price shown by the appellant. Provision of section 50C for that relevant ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I, ACCOUNTANT MEMBER For the Appellant : Shri Kaushlendra Tiwari, Sr. DR For the Respondent : Shri Sanat Kapoor, Adv., Ms. Soumya Singh, Adv. ORDER PER PRASHANT MAHARISHI, A. M. 1. This is an appeal filed by the revenue against the order of the ld CIT(A)-XI, New Delhi dated 23.12.2013 for the Assessment Year 2004-05, wherein an addition of ₹ 4922700/- was deleted pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... alue which proves that the rate of land on the relevant period are higher. Consequently he computed the addition of ₹ 4922700/-. The ld CIT(A) deleted the addition. 3. We have carefully considered the rival contentions and also perused the relevant orders of the lower authorities as well as the direction given by the coordinate bench. The ld CIT(A) has deleted the above addition vide p ..... X X X X Extracts X X X X X X X X Extracts X X X X
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