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Income Tax | ₹3.65 Crore Penalty Deleted After Stamp-Value Addition Cut to ₹21.63 Lakh: ITAT Mumbai

24 Sept 2026 · 2d agoBy CA Vijayakumar ShettySource: TaxGuru

ITAT Mumbai upholds deletion of ₹3.65 crore penalty where property addition arose from deemed valuation without proof of concealed consideration. The post ₹3.65 Crore Penalty Deleted After Stamp-Value Addition Cut to ₹21.63 Lakh: ITAT Mumbai appeared first on TaxGuru .

Attribution

Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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