https://www.taxtmi.com/caselaws?id=216349 The court held that the Assessing Officer's reference to the Valuation Officer was invalid as it was not preceded by the rejection of the books of account. Consequently, the addition of Rs. 5,89,779 based on the invalid reference was also unjustified. The appeal was allowed, and the Tribunal's order was quashed and set aside. en-us Tue, 07 Aug 2012 00:00:00 +0530 Tue, 04 Feb 2014 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216349 The court held that the Assessing Officer's reference to the Valuation Officer was invalid as it was not preceded by the rejection of the books of account. Consequently, the addition of Rs. 5,89,779 based on the invalid reference was also unjustified. The appeal was allowed, and the Tribunal's order was quashed and set aside. Case-Laws Income Tax Tue, 07 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216349