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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Income from other sources - Addition on account of difference ...


Income Addition Deleted: Property Sale Consideration vs. Stamp Duty Value Dispute u/s 56(2)(vii) of Income Tax Act.

February 20, 2020

Case Laws     Income Tax     AT

Income from other sources - Addition on account of difference between sale consideration of property purchased by assessee and the guideline value of the said property for stamp duty purposes, by invoking provisions of Section 56(2)(vii) - additions deleted on various grounds - AT

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