2012 (10) TMI 1161

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....al has been filed under Section 260-A of the Income Tax Act,1961, hereinafter referred to as "the Act", against the order dated 21.11.2008 passed by the Income Tax Appellate Tribunal . The Department has proposed the following substantial question of Law said to be arising out of the Tribunal's order.: "(1) whether on the facts and in the circumstances of the case, the Tribuna....

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....ated 25.2.2000 in which he assessed the cost during assessment year in question at ₹ 87,00,302/- . The report was sent to the respondent assessee to explain the difference. The objections were filed along with Government approved Valuer's valuation report. The Assessing Officer sought for comments from the Valuation Cell on the objections and after receiving the comments on the objection....