Dispute Over Property Value: AO's Decision Upheld u/s 56(2)(vii)(b)(ii) of Income Tax Act for Tax Valuation.

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....Addition u/s 56(2)(vii)(b)(ii) - difference in the value that was adopted by the stamp valuation authority for payment of stamp duty as against the value for which the sale transaction was executed - AO rightly declined the request for reference by the A.O to the Valuation Cell for determining the fair market value (FMV) of the said property - AT....