G.C.SIVARAJ,COIMBATORE vs. DCIT NON CORPORATE CIRCLE 1, COIMBATORE

In the result, the appeal filed by the assessee is partly allowed for

Bench: Shri G. Manjunatha, Hon’Ble & Shri Anikesh Banerjeeआयकर अपील सं./Ita No.2946/Chny/2017 िनधा"रण वष" /Assessment Year: 2013-14 Mr.G.C.Sivaraj, V. The Dy. Commissioner Of 21, Prem Nivas, Income Tax, Psg Estate Colony, Peelamedu, Non-Corporate Circle-1, Coimbatore-641 004. Coimbatore. [Pan: Bqips 4795 P] (अपीलाथ"/Appellant) (""यथ"/Respondent)

section 55A(a) is specific, clear and unambiguous and leaves no doubt as regards the correctness / validity of the reference in the present case. 5. The Commissioner (Appeals) failed to notice that in a detailed letter dt.02.08.2017 in reply to the assessing officer's letter, the Valuation Officer has explained and justified his method of valuation emphasizing that the valuation