Income Tax | Earlier Property Booking Cannot Override Stamp Value Without Linked Consideration: ITAT Mumbai
ITAT Mumbai upheld a Rs.33.10 lakh section 56 addition as the old booking did not establish consideration or qualifying payment for the new flat. The post Earlier Property Booking Cannot Override Stamp Value Without Linked Consideration: ITAT Mumbai appeared first on TaxGuru .
Attribution
Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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