https://www.taxtmi.com/caselaws?id=396348 The ITAT allowed the appeal for statistical purposes, directing the AO to re-examine the valuation issue in compliance with section 50C(2) and conduct necessary inquiries into discrepancies in gross receipts. The ITAT emphasized the importance of fair treatment for the assessee by ensuring proper valuation procedures and investigations into reported discrepancies. en-us Mon, 29 Jun 2020 00:00:00 +0530 Wed, 01 Jul 2020 16:04:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396348 The ITAT allowed the appeal for statistical purposes, directing the AO to re-examine the valuation issue in compliance with section 50C(2) and conduct necessary inquiries into discrepancies in gross receipts. The ITAT emphasized the importance of fair treatment for the assessee by ensuring proper valuation procedures and investigations into reported discrepancies. Case-Laws Income Tax Mon, 29 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396348