AO is Duty bound to Assist tax payer in a reasonable way

The facts, in brief, are that during the year the assessee sold a shop for Rs.18 lacs on 17.1.2005 and declared sale price while working out the capital gain and investment in construction of a residential house. The Assessing Officer, from the copy of registry, found that the market value  considered by the Sub-Registrar is Rs. 26,97,000/-. The Assessing Officer opined that there is a difference of Rs.8,97,000/- between the market value and the amount declared by the assessee for working out the capital gain. As per the Revenue, no specific explanation was given by the assessee. The assessee...