“Section 56(2)(vii)(h)”

GAURAV RAJESH DESAI ,MUMBAI vs. ITO WARD -3(2), MUMBAI

Appeal of the assessee is allowed for statistical purposes

Bench: Justice (Retd.) C V Bhadang & Ms Padmavathy S, Am

opinion, the assessment of the purchased land has been done correctly by the DVO. Hence the action of the AD by invoking section 56(2)(vii)(h) is valid and correct in view of the factual matrix of the present case. In The light of above discussion I am inclined