https://www.taxtmi.com/caselaws?id=280755 The Tribunal allowed the assessee's appeal, finding the reference to the District Valuation Officer (DVO) invalid as the Assessing Officer did not properly reject the books of accounts. Consequently, the DVO's report could not be used for assessment, and the addition towards the cost of construction was deemed unjustified. The Tribunal stressed the necessity of adhering to correct procedures and identifying specific defects before rejecting books of accounts and involving valuation officers in such matters. en-us Fri, 22 May 2015 00:00:00 +0530 Tue, 21 May 2019 06:17:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280755 The Tribunal allowed the assessee's appeal, finding the reference to the District Valuation Officer (DVO) invalid as the Assessing Officer did not properly reject the books of accounts. Consequently, the DVO's report could not be used for assessment, and the addition towards the cost of construction was deemed unjustified. The Tribunal stressed the necessity of adhering to correct procedures and identifying specific defects before rejecting books of accounts and involving valuation officers in such matters. Case-Laws Income Tax Fri, 22 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280755