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Dhara Vegetable Oil & Foods Co. Ltd., New ... vs Department Of Income Tax on 23 February, 2016

4. The issue to be considered in this appeal is that whether the assessment proceedings in this case could be reopened based on the valuation report given by Departmental Valuation Officer (DVO) wherein, difference in valuation of properties were noticed in the sum of Rs.83,20,932/-. We find that this aspect has been fully covered in favour of the assessee by the decision of Hon'ble Supreme Court in the case of ACIT Vs. Dhariya Construction Co. reported in (2010) 328 ITR 0515 (SC), wherein it was held that -
Income Tax Appellate Tribunal - Delhi Cites 1 - Cited by 14 - Full Document
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