Addition made on account of valuation of cars - AO adopted the insurance value as the value of the motor cars for the purpose of computing the net wealth of the assessee - AO directed to estimate 80 per cent. of the insurance value - AT
Addition made on account of valuation of cars - AO adopted the insurance value as the value of the motor cars for the purpose of computing the net wealth of the assessee - AO directed to estimate 80 per cent. of the insurance value - AT
Note: It is a system-generated summary and is for quick reference only.