Chartered Universe — AI workspace for chartered accountants
LoginSign Up
Back to Articles
Tax & ComplianceTaxGuru

Income Tax | Section 56(2)(x) Addition Deleted on Land Conversion Value Issue: Ahmedabad ITAT

18 Sept 2026 · 1d agoBy CA Vijayakumar Shetty

Ahmedabad ITAT deleted Section 56(2)(x) addition where higher stamp value arose from land conversion funded by the purchaser. The post Section 56(2)(x) Addition Deleted on Land Conversion Value Issue: Ahmedabad ITAT appeared first on TaxGuru .

This article was aggregated from TaxGuru. Continue reading for the complete story.

Read on TaxGuru

More Articles

General

HAL to restart production of Sukhoi Su-30MKI fighter jets at Nashik facility: Report

Besides new production, HAL's Nashik facility is expected to play a key role in a major upgrade of the existing Su-30MKI fleet.

Business Today

General

undefined

undefined

Business Today

General

Nifty Rally Gets A Boost From Falling Oil: Vaishali Parekh On What Comes Next

The Indian stock market is showing renewed strength as easing crude oil prices and hopes of smoother movement through the Strait of Hormuz improve investor sentiment. With the Nifty trading above 24,350, the key question now is whether the index can decisively cross the 24,400 resistance level and s

Business Today

General

#IndiaAt100 : Hisashi Takeuchi On Driving India’s Manufacturing Revolution

India’s ambition to become a global manufacturing powerhouse is accelerating, with the automobile industry at the centre of this transformation. In this #IndiaAt100 session, Hisashi Takeuchi, MD & CEO, Maruti Suzuki India, discusses how manufacturing can drive India’s next phase of growth. From loca

Business Today