Addition being difference between the actual sale consideration ...

Case Laws Income Tax

March 30, 2020

Addition being difference between the actual sale consideration and the stamp valuation of immovable property - deemed income u/s 56(2)(ii)(b) - CIT(A) has coterminous powers with the assessee officer, ought to have referred the matter for valuation to the Departmental Valuation Officer( in short DVO). - Directed accordingly.

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Addition being difference between the actual sale consideration ...

Case Laws Income Tax

March 30, 2020

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