2013 (12) TMI 548

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....ndent : C. S. C. (Income Tax) ORDER 1. We have heard Shri S.D. Singh, Senior Advocate assisted by Shri Krishna Dev Vyas for the appellant. Shri Dhananjay Awasthi appears for the Income Tax department. 2. This Income Tax Appeal filed under Section 260-A of the Income Tax Act arises from an order of Income Tax Appellate Tribunal, Allahabad Bench, Allahabad dated 9.7.2013 for the assessment ....

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....arket value of the land in question could be made in excess of the value fixed by the Officers Co-operative Society Limited, Agra in view of the provisions of U.P. Cooperation Societies Act, 1973? iv. Whether in view of peculiar admitted facts of the case of (i) land belonging to Co-operative society (ii) layout map of the land not being approved by the Agra Development Authority (iii) land bei....

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....quare meters, and in any case the situation of the plot and the fact, that it was earlier used for brick kiln and was not suitable for raising constructions nor any sanctioned plan was submitted, the valuation is extremely high. 5. We find that the CIT (A) and ITAT have considered the grounds, and have held that the question, as to whether the valuation has to be made by the DVO or AVO, is not ....