In the result, appeal of the assessee is allowed for statistical purpose
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.202/Viz/2023 (ननधधारण वर्ा / Assessment Year : 2012-13) Chigurupati Rajendra Prasad Vs. Income Tax Officer Dr.No.32-41-47/28, Near Library Ward-2(2) Machavaram Vijayawada Vijayawada Pan : Abjpc1799A] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)
2. The learned CIT(Appeals) is not justified in dismissing the appeal without considering the valuation report submitted by the district valuation officer, Income Tax Department, Hyderabad u/s.50C of the I.T.Act. 3. The learned CIT(Appeals) would have afforded another opportunity to the appellant to present his arguments before the learned CIT(Appeals) in view of the valuation report