https://www.taxtmi.com/caselaws?id=237375 The High Court dismissed the appeals, emphasizing the importance of reliable valuation reports and documents in determining the correctness of additions made by the Assessing Officer under Section 69B of the Income Tax Act, 1961. The tribunal's decision to reject the District Valuation Officer's report and uphold the deletion of the addition under Section 69B was upheld, as crucial valuation reports were found missing, rendering the Assessing Officer's order foundationally flawed. en-us Thu, 29 Aug 2013 00:00:00 +0530 Thu, 26 Sep 2013 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237375 The High Court dismissed the appeals, emphasizing the importance of reliable valuation reports and documents in determining the correctness of additions made by the Assessing Officer under Section 69B of the Income Tax Act, 1961. The tribunal's decision to reject the District Valuation Officer's report and uphold the deletion of the addition under Section 69B was upheld, as crucial valuation reports were found missing, rendering the Assessing Officer's order foundationally flawed. Case-Laws Income Tax Thu, 29 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237375