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Case Law Details

Case Name : Principal Commissioner of Income Tax (Central) Vs. Smt. Anita Rani (Delhi High Court)
Appeal Number : ITA 174/2017
Date of Judgement/Order : 27/02/2017
Related Assessment Year : 2008-09
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Court is of the opinion that there is no infirmity with the ITAT order which essentially held that the valuation by the banker, who provided credit could well be different from the valuation report for the transaction given that the assessee had purchased the property long ago. In other words, the absence of

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