https://www.taxtmi.com/caselaws?id=263170 The Tribunal upheld the decision of the Commissioner of Income-tax (Appeals), confirming that the Assessing Officer incorrectly valued the assets without sufficient evidence. The Tribunal found that the Assessing Officer did not refer the matter to the Valuation Officer or provide material evidence supporting the excessive valuations. The appeal was dismissed, and the order of the Commissioner of Income-tax (Appeals) was upheld. en-us Fri, 13 Mar 2015 00:00:00 +0530 Fri, 28 Aug 2015 07:48:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263170 The Tribunal upheld the decision of the Commissioner of Income-tax (Appeals), confirming that the Assessing Officer incorrectly valued the assets without sufficient evidence. The Tribunal found that the Assessing Officer did not refer the matter to the Valuation Officer or provide material evidence supporting the excessive valuations. The appeal was dismissed, and the order of the Commissioner of Income-tax (Appeals) was upheld. Case-Laws Income Tax Fri, 13 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263170