https://www.taxtmi.com/caselaws?id=336908 The High Court upheld the Income Tax Appellate Tribunal's decision to delete additions made by the Assessing Officer based on the DVO's valuation. The court found the Assessing Officer's reference to the DVO without rejecting books of accounts as legally flawed. Emphasizing procedural norms and legal precedents, the court dismissed the Revenue's appeals, highlighting the significance of adhering to due process in matters concerning valuation and income additions. en-us Thu, 22 Dec 2016 00:00:00 +0530 Fri, 30 Dec 2016 18:14:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336908 The High Court upheld the Income Tax Appellate Tribunal's decision to delete additions made by the Assessing Officer based on the DVO's valuation. The court found the Assessing Officer's reference to the DVO without rejecting books of accounts as legally flawed. Emphasizing procedural norms and legal precedents, the court dismissed the Revenue's appeals, highlighting the significance of adhering to due process in matters concerning valuation and income additions. Case-Laws Income Tax Thu, 22 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336908