![Stamp Duty Value Difference Leads to Addition of Rs.1.28 Crore: ITAT Upholds CIT(A)s Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Stamp-Duty-Section-562viibii-of-Income-Tax-Act-taxscan.jpg "Stamp Duty Value Difference Leads to Addition of Rs.1.28 Crore: ITAT Upholds CIT(A)s Decision [Read Order]")
Stamp Duty Value Difference Leads to Addition of Rs.1.28 Crore: ITAT Upholds CIT(A)'s Decision [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) dismissed the appeal filed by the assessee regarding the addition of Rs. 1.28 crore...
![Rejection of Land Valuation by AO: ITAT Directs Referral to DVO for Expert Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Land-Valuation-Taxscan.jpg "Rejection of Land Valuation by AO: ITAT Directs Referral to DVO for Expert Assessment [Read Order]")
![AO cannot Refer Matter to DVO without Rejecting Books of Account u/s 142A of Income Tax Act: Allahabad HC dismisses Appeals on Lack of Merit [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Allahabad-high-court-income-tax-appeals-Income-tax-act-dismisses-appeals-TAXSCAN.jpg "AO cannot Refer Matter to DVO without Rejecting Books of Account u/s 142A of Income Tax Act: Allahabad HC dismisses Appeals on Lack of Merit [Read Order]")
![Non-Adherence to Mandate of Section 250(6) of Income Tax Act by CIT(A): ITAT directs for Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Mandate-of-Section-Income-Tax-Act-by-CITA-Commissioner-of-Income-Tax-Appeals-ITAT-directs-for-Re-Adjudication-Re-Adjudication-Income-Tax-Act-Income-Tax-Tax-News-TAXSCAN.jpg "Non-Adherence to Mandate of Section 250(6) of Income Tax Act by CIT(A): ITAT directs for Re-Adjudication [Read Order]")
![Two FMV cannot be Considered for Same Property on Particular Date: ITAT Directs DVO to Determine FMV [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Two-FMV-Same-Property-Particular-Date-ITAT-Directs-DVO-Determine-FMV-taxscan.jpg "Two FMV cannot be Considered for Same Property on Particular Date: ITAT Directs DVO to Determine FMV [Read Order]")
Mere Estimate of Cost by DVO doesn't Constitute Material to Concealment: ITAT deletes Penalty imposed on Account of Difference of Valuation [Read Order]
The Visakhapatnam bench of the Income Tax Appellate Tribunal (ITAT) held that a mere estimate of cost by the Departmental Valuation Officer (DVO) doesn’t constitute material to concealment and hence...
![Mere Estimate of Cost by DVO doesnt Constitute Material to Concealment: ITAT deletes Penalty imposed on Account of Difference of Valuation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Mere-Estimate-of-Cost-by-DVO-doesnt-Constitute-Material-to-Concealment-ITAT-deletes-Penalty-imposed-on-Account-of-Difference-of-Valuation-TAXSCAN.jpg "Mere Estimate of Cost by DVO doesnt Constitute Material to Concealment: ITAT deletes Penalty imposed on Account of Difference of Valuation [Read Order]")
Assessee failed to prove Property as Stock in Trade with Corroborative Evidence: ITAT upholds Applicability of 56(2)(vii)(b)
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the assessee failed to prove property as stock in trade with Corroborative Evidence and upheld the applicability of...
Partial Relief to Wipro GE Healthcare: ITAT restores matter to AO with direction to refer to Departmental Valuation Officer for determination of extent of property, consequent valuation [Read Order]
In a partial relief to Wipro GE Healthcare, the Banglore Bench of Income Tax Appellate Tribunal (ITAT) restored the matter to AO with direction to refer to the Departmental valuation officer for...
![Partial Relief to Wipro GE Healthcare: ITAT restores matter to AO with direction to refer to Departmental Valuation Officer for determination of extent of property, consequent valuation [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Wipro-GE-Healthcare-ITAT-consequent-valuation-Departmental-Valuation-Officer-Taxscan.jpeg "Partial Relief to Wipro GE Healthcare: ITAT restores matter to AO with direction to refer to Departmental Valuation Officer for determination of extent of property, consequent valuation [Read Order]")
Reference to DVO without Rejecting the Books by the AO would make the Assessment Void: Gujarat HC [Read Judgment]
Recently, in the case of Principal Commissioner of Income Tax V. Sanjay Hiralal Thakkar, the division bench of the Gujarat High Court quashed the assessment proceedings, which was based on the report...
![Reference to DVO without Rejecting the Books by the AO would make the Assessment Void: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Gujarat-High-Court-Tax-Scan-1.jpg "Reference to DVO without Rejecting the Books by the AO would make the Assessment Void: Gujarat HC [Read Judgment]")