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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Valuation of property - The difference in the valuation which ...


Court Rules Revenue's Valuation Discrepancy Not Unexplained Investment; Rejects Rs. 2,35,933/- Claim Based on DVO Report.

January 11, 2014

Case Laws     Income Tax     HC

Valuation of property - The difference in the valuation which has been claimed by the revenue as per the valuation report of the DVO amounting to Rs. 2,35,933/- on estimate basis cannot be said to be unexplained investment - HC

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