Tag: stamp duty valuation

STamp duty valuation not a relevant criteria to decide payment of on-money by assessee but piece of evidence to ascertain correct facts with regard to value of property ABCAUS Case Law CitationABCAUS 3455 (2021) (02) ITAT Important case law relied referred:ShyamKumar vs. ACIT (2018) 99 Taxman.com 39Pullongode Rubber …

Market value of property with encroachment would always be lower – ITAT directs adoption of valuation u/s 50C prevalent on the date of agreement to sale  ABCAUS Case Law Citation:ABCAUS 2699 (2019) (01) ITAT Important Case Laws Cited/relied upon:Dara Singh Vs. ITO Ward-1(2), Ghaziabad and ITA No.2213/Del/2018Sanjeev Lal …