https://www.taxtmi.com/caselaws?id=32107 The High Court allowed the appeals, setting aside the orders of the Assessing Officer and the Tribunal related to the house property. It held that the difference in undisclosed income found by the valuer and disclosed by the assessees was meager and should be ignored. The Court emphasized the practical challenges in valuing a property and the lack of a statutory provision to determine a specific percentage for discrepancies. en-us Wed, 22 Oct 2008 00:00:00 +0530 Thu, 15 Jan 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32107 The High Court allowed the appeals, setting aside the orders of the Assessing Officer and the Tribunal related to the house property. It held that the difference in undisclosed income found by the valuer and disclosed by the assessees was meager and should be ignored. The Court emphasized the practical challenges in valuing a property and the lack of a statutory provision to determine a specific percentage for discrepancies. Case-Laws Income Tax Wed, 22 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32107