https://www.taxtmi.com/caselaws?id=31177 An identical valuation dispute over purchase of equity shares was discussed in relation to reassessment proceedings where the Revenue treated the difference between purchase price and alleged market value as unexplained investment or income from other sources. The commentary notes that the appellate authority relied on a final decision in a connected case involving the same company and the same share valuation, and that this earlier determination governed the issue. It further states that, where no distinguishing feature exists, the matter does not raise a surviving substantial question of law in reference proceedings. en-us Mon, 04 Feb 2008 00:00:00 +0530 Wed, 22 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31177 An identical valuation dispute over purchase of equity shares was discussed in relation to reassessment proceedings where the Revenue treated the difference between purchase price and alleged market value as unexplained investment or income from other sources. The commentary notes that the appellate authority relied on a final decision in a connected case involving the same company and the same share valuation, and that this earlier determination governed the issue. It further states that, where no distinguishing feature exists, the matter does not raise a surviving substantial question of law in reference proceedings. Case-Laws Income Tax Mon, 04 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31177