69B of the Act is being made as consequence ofthe Assessment Year: 2012-2013 Mr. Neeraj Agrwal, Mirzapur, U.P. above facts. The value is being taken as per the registered valuer's report at Varanasi premises i.e. Rs. 78,059/-. Penalty proceedings u/s 271(1)(c) is being initiated separately for concealment of income. Addition