2015 (9) TMI 1051

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..... Joshi, Advocate AJAY KUMAR MITTAL, J. 1. This order shall dispose of ITA Nos. 163, 164 and 199 of 2015 as according to the learned counsel for the appellant the substantial questions of law involved in the appeals are identical. For brevity, the facts are being extracted from ITA No. 163 of 2015. 2. This appeal has been preferred by the revenue under Section 260A of the Income Tax Act, ....

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.... pursuance of search & seizure action. 2. On the facts and circumstances of the case and in law whether Ld. Member of Hon'ble ITAT are justified in not accepting the valuation made by the registered valuer who are the competent authorities for such purpose and who had made valuation of properties on the basis of approved rates of competent authorities. 3. On the facts and circumstances o....

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....return of Smt. Meena belonged to the assessee. The Assessing Officer finding that the properties have been acquired at a lesser figure by the assessee, referred the same for valuation to the Valuation Officer. The Assessing Officer invited objections which the assessee filed in detail. The Assessing Officer vide assessment order dated 30.12.2008 (Annexure A-1) made additions of Rs. 14,69,000/- on ....