https://www.taxtmi.com/highlights?id=69239 Investment in purchase of property - addition on basis of valuation report of DVO u/s 142A - The provisions of section 142A of the Act are applicable only when the assessee has made investment in construction. In the present case, the assessee purchased a ready built house and therefore the provisions of section 142A of the Act are not attracted to the facts and circumstances of the present case. - AT en-us Sat, 15 Apr 2023 11:50:14 +0530 Sat, 15 Apr 2023 11:50:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69239 Investment in purchase of property - addition on basis of valuation report of DVO u/s 142A - The provisions of section 142A of the Act are applicable only when the assessee has made investment in construction. In the present case, the assessee purchased a ready built house and therefore the provisions of section 142A of the Act are not attracted to the facts and circumstances of the present case. - AT Highlights Income Tax Sat, 15 Apr 2023 11:50:14 +0530 https://www.taxtmi.com/highlights?id=69239