https://www.taxtmi.com/caselaws?id=352523 The Tribunal held that the CIT (Appeals) erred in confirming the A.O.'s order without rejecting the books of accounts before referring the matter to the Valuation Officer. The Tribunal found procedural lapses in the valuation process, including the unjustified addition in property valuation and improper use of the plinth area method. As a result, the Tribunal reversed the decision, allowing the appeal in favor of the assessee. en-us Thu, 07 Dec 2017 00:00:00 +0530 Sat, 16 Dec 2017 10:32:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352523 The Tribunal held that the CIT (Appeals) erred in confirming the A.O.'s order without rejecting the books of accounts before referring the matter to the Valuation Officer. The Tribunal found procedural lapses in the valuation process, including the unjustified addition in property valuation and improper use of the plinth area method. As a result, the Tribunal reversed the decision, allowing the appeal in favor of the assessee. Case-Laws Income Tax Thu, 07 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352523