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2021 (4) TMI 1007 - AT - Income TaxAddition on account of unexplained investment - A.O. has rightly calculated the purchase amount of the property as per the valuation of the stamp duty Authority as per provision of Section 56(2)(vii)(b) of the Act as applicable w.e.f. A.Y. 2014-15 - HELD THAT:- As observed from perusal of the impugned order that the ld. CIT(A) had held in the impugned order that the A.O. has rightly calculated the purchase amount of the property as per the valuation of the stamp duty Authority as per provision of Section 56(2)(vii)(b) of the Act as applicable w.e.f. A.Y. 2014-15. Accordingly, we do not find any reason to interfere or deviate from the findings so recorded by the ld. CIT(A) and hence, we uphold the same. Appeal of the assessee is dismissed.
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