additional evidence can be accepted u/s. 46A which was mad after completing the assessment.

AO can accept a property valuation report made by Government approved valuer which has been valued after ex party assessment u/s. 144/147 as additional evidence u/s. 46A during remand report, AO adopted 50C value and capital gain has been computed taking cost of acquisition 1981 whereas property was actually purchased 1979, please suggest and guide.
Replies (1)
yes it can be accepted in case it is remmanded back

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