In the result, appeal filed by the Revenue in ITA No
Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)
reassessed the assessee’s income at Rs. 5,87,09,868/-, adding Rs. 4,63,21,268/- under section 56(2)(vii)(b) due to the difference between the stamp duty value of Rs. 8,24,08,250/- and the purchase price of Rs. 4,00,00,000/- of a property. 5.1 The order passed by the Ld. assessing officer