2021 (4) TMI 1007

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..... der that the ld. CIT(A) had held in the impugned order that the A.O. has rightly calculated the purchase amount of the property as per the valuation of the stamp duty Authority as per provision of Section 56(2)(vii)(b) of the Act as applicable w.e.f. A.Y. 2014-15. Accordingly, we do not find any reason to interfere or deviate from the findings so recorded by the ld. CIT(A) and hence, we uphold the .....

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..... r did not accept the same nor referred the case to valuation officer, which is bad in law. 2. The hearing of the appeal was concluded through video conference in view of the prevailing situation of Covid-19 Pandemic. 3. An application for adjournment was filed by the assessee but after going through the contents contained in the said application, we found no reason for adjourning the prese .....

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..... er of the ld. CIT(A) in confirming the addition of ₹ 7,97,015/- made on account of unexplained investment. The ld. CIT(A) has dealt with the issue in para 5.3 of his order and the same is reproduced below: 5.3 I have perused the assessment order as well as submissions filed by the appellant. The A.O. has rightly calculated the purchase amount of the property as per the valuation of the .....

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