https://www.taxtmi.com/caselaws?id=201464 The High Court upheld the authority to take action under Section 148 based on the District Valuation Officer's report, rejecting the argument that such action was invalid. Additionally, the Court found that the ITAT erred in dismissing the appeal on technical grounds without considering the merits, emphasizing the Assessing Officer's power to call for a report from the DVO without first rejecting the books of account. As a result, the High Court ruled in favor of the Revenue, emphasizing the Assessing Officer's authority under relevant provisions of the Income-tax Act, 1961. en-us Mon, 26 Jul 2010 00:00:00 +0530 Sun, 09 Jan 2011 19:58:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201464 The High Court upheld the authority to take action under Section 148 based on the District Valuation Officer's report, rejecting the argument that such action was invalid. Additionally, the Court found that the ITAT erred in dismissing the appeal on technical grounds without considering the merits, emphasizing the Assessing Officer's power to call for a report from the DVO without first rejecting the books of account. As a result, the High Court ruled in favor of the Revenue, emphasizing the Assessing Officer's authority under relevant provisions of the Income-tax Act, 1961. Case-Laws Income Tax Mon, 26 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201464