1990 (1) TMI 65

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....hased a leasehold plot at Ghaziabad and constructed a building thereon. The estimated investment in this property, according to the assessee, was to the extent of Rs. 2,86,836. The Department did not agree with the same and made its own estimate of construction. The Income-tax Appellate Tribunal, however, on a consideration of the rival submissions, estimated the cost of construction at rupees thr....