Discrepancy in Property Stamp Duty Value vs. Purchase Price u/s 56(2)(vii)(b) of Income Tax Act Analyzed.

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....Addition u/s 56(2)(vii)(b) - difference between the stamp duty value and the actual purchase consideration - - DVO has given due consideration for the location of the property and other relevant evidences produced before him by the assessee. The DVO is expert in valuation of the property and as the valuation is based on scientific method, the same cannot be doubted. - AT....