No addition of undisclosed investment if there was minor difference in report of DVO and assessee's valuer
January 24, 2015[2014] 52 taxmann.com 54 (Gujarat)/[2014] 367 ITR 686 (Gujarat)
IT : Where there was minor difference in valuation report of DVO and assessee's valuer regarding cost of construction, addition made as undisclosed investment could not be sustained
IT : Addition made on account of undisclosed investment in purchase of land solely on basis of DVO's report was not proper
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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>
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