TMI BlogIncome from other sources u/s. 56(2)(x) - difference of stamp duty value and the actual consideration -...Income from other sources u/s. 56(2)(x) - difference of stamp duty value and the actual consideration - tolerance band limit from 5% to 10% under section 56(2)(x) to be treated as clarificatory/curative - since the difference between the valuation for stamp duty and the actual consideration is less than 10%, which in the present case is 5.93%, no addition is called for. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
