https://www.taxtmi.com/caselaws?id=777592 ITAT upheld the addition under s. 43CA where the taxpayer sold a flat for Rs. 45,00,000 against a government stamp-duty valuation of Rs. 58,23,600. The AO added the shortfall as income; CIT(A) confirmed the addition noting absence of evidence of any appeal to the valuation authority. The assessee failed to produce supporting evidence and did not appear before the Tribunal. The appeal was dismissed and the addition sustained against the assessee. en-us Mon, 13 Jan 2025 00:00:00 +0530 Tue, 02 Sep 2025 08:01:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777592 ITAT upheld the addition under s. 43CA where the taxpayer sold a flat for Rs. 45,00,000 against a government stamp-duty valuation of Rs. 58,23,600. The AO added the shortfall as income; CIT(A) confirmed the addition noting absence of evidence of any appeal to the valuation authority. The assessee failed to produce supporting evidence and did not appear before the Tribunal. The appeal was dismissed and the addition sustained against the assessee. Case-Laws Income Tax Mon, 13 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777592