DILIP N. SHROFF vs. JOINT COMMNR. OF INCOME TAX, MUMBAI &ANR
The appeal is allowed
C.A. No.-002746-002746 - 2007Supreme Court18 May 2007
For Respondent: Joint Commissioner of Income Tax, Mumbai & Anr
56. It is one thing to say that the valuation based on a newspaper is totally
unacceptable, but it is another thing to say that by reason of the return, the
assessee furnished inaccurate particulars. The question which was inter alia
required to be posed was whether the method adopted by the registered
valuer was wholly unknown
