https://www.taxtmi.com/caselaws?id=300653 The tribunal dismissed the revenue's appeal, emphasizing the importance of providing substantial evidence to support additions based on valuation reports and highlighting the burden of proof on the revenue to establish discrepancies in declared considerations. The case underscored the need for concrete evidence and adherence to legal principles in tax assessments. en-us Mon, 08 Feb 2016 00:00:00 +0530 Fri, 18 Feb 2022 07:31:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300653 The tribunal dismissed the revenue's appeal, emphasizing the importance of providing substantial evidence to support additions based on valuation reports and highlighting the burden of proof on the revenue to establish discrepancies in declared considerations. The case underscored the need for concrete evidence and adherence to legal principles in tax assessments. Case-Laws Income Tax Mon, 08 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300653