https://www.taxtmi.com/caselaws?id=258951 The Court upheld the Tribunal's decision to delete the additions made by the Assessing Officer based solely on the District Valuation Officer's report regarding the difference in the cost of construction for the assessment years in question. Consequently, the appeals against the Tribunal's decision were dismissed, leading to the deletion of the penalty imposed under Section 271(1)(c) as well. The Court found no grounds for interference, as no substantial questions of law were raised, resulting in the dismissal of all appeals without costs awarded. en-us Mon, 30 Mar 2015 00:00:00 +0530 Sat, 07 Nov 2015 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258951 The Court upheld the Tribunal's decision to delete the additions made by the Assessing Officer based solely on the District Valuation Officer's report regarding the difference in the cost of construction for the assessment years in question. Consequently, the appeals against the Tribunal's decision were dismissed, leading to the deletion of the penalty imposed under Section 271(1)(c) as well. The Court found no grounds for interference, as no substantial questions of law were raised, resulting in the dismissal of all appeals without costs awarded. Case-Laws Income Tax Mon, 30 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258951