In the result, appeal of the assessee is allowed
Bench: SHRI RAJESH KUMAR (Accountant Member), SHRI PRADIP KUMAR CHOUBEY (Judicial Member)
Capital Gain and total income based on the report of the DVO based on a reference made u/s.142A of the Act, is unsustainable because, power to make a reference u/s.142A of the Act envisages estimation of the value of any investment referred to in Section 69, 69A or 69B of the Act, as its object. As a corollary, the alleged