https://www.taxtmi.com/caselaws?id=386135 The CIT(A) upheld the AO's decision to refer the property for valuation under section 142A, justifying the addition made under section 69C based on a detailed valuation report. The CIT(A) deemed section 69B more appropriate than section 69C for unexplained investment, directing an addition of Rs. 28,36,777. The CIT(A) provided detailed analysis, granting partial relief to the assessee. The appeal was dismissed, affirming the CIT(A)'s order as reasonable and supported by legal principles. en-us Mon, 16 Sep 2019 00:00:00 +0530 Mon, 23 Sep 2019 07:21:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386135 The CIT(A) upheld the AO's decision to refer the property for valuation under section 142A, justifying the addition made under section 69C based on a detailed valuation report. The CIT(A) deemed section 69B more appropriate than section 69C for unexplained investment, directing an addition of Rs. 28,36,777. The CIT(A) provided detailed analysis, granting partial relief to the assessee. The appeal was dismissed, affirming the CIT(A)'s order as reasonable and supported by legal principles. Case-Laws Income Tax Mon, 16 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386135