Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2003 (5) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2003 (5) TMI 31 - PUNJAB AND HARYANA HIGH COURTInvestment in the construction of a commercial complex - cost of construction – Tribunal rejecting the estimate of the cost of construction made by the Assessing Officer – Tribunal has given reasons for rejecting the same and accepting the report of the registered valuer – It is apparent that even the Assessing Officer has not accepted the estimate of the District Valuation Officer - Thus Tribunal was right in preferring the report of the registered valuer, which supported the cost of construction as declared' by the assessee - no substantial question of law arises out of the order of the Tribunal - The findings of the Tribunal are pure findings of fact and suffer from no legal or factual infirmity. We, therefore, find no merit in this appeal and accordingly dismiss the same.
|