1982 (6) TMI 110

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....ertificate from an approved valuer dt. 6th Jan., 1976. The approved valuer valued the cost of construction at Rs. 94,080. When the matter came up before the ITO the Govt. valuer valued the cost of construction at Rs. 1,05,400. The ITO therefore made an addition of Rs. 10,400 which was confirmed by the AAC. 2. It is contended before me that the report of the registered valuer which was closer to....