ITAT cannot allow AO to cover up the deficiency in its case

it is a very settled position that the power of ITAT in setting aside cannot be exercised so as to allow Assessing Officer to cover up the deficiency in its case. When Assessee claims before Assessing Officer that the value adopted or assessed by the stamp valuation authority under sub section (1) exceeds the fair market value of the property as on the date of transfer, the Assessing Officer should referre the valuation of the capital asset to a valuation officer instead of adopting the value taken by the state authority for the purpose of stamp duty. ——————...