https://www.taxtmi.com/caselaws?id=393028 The tribunal allowed the appeal, deleting additions for excess stock and unverifiable purchases. It criticized lower authorities for not considering the Registered Valuer's report and relying on the Departmental valuer's inflated valuation. The judgment stressed proper valuation methods and the AO's duty to verify facts. The order was pronounced on 18/02/2020. en-us Tue, 18 Feb 2020 00:00:00 +0530 Wed, 04 Mar 2020 13:15:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393028 The tribunal allowed the appeal, deleting additions for excess stock and unverifiable purchases. It criticized lower authorities for not considering the Registered Valuer's report and relying on the Departmental valuer's inflated valuation. The judgment stressed proper valuation methods and the AO's duty to verify facts. The order was pronounced on 18/02/2020. Case-Laws Income Tax Tue, 18 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393028