Property bought for ₹6.5 crore but valued at ₹8.85 crore: How buyer won relief from ₹2.35 crore tax addition

A property buyer who paid ₹6.5 crore for a property valued at ₹8.85 crore for stamp duty purposes won relief from a ₹2.35 crore tax addition. ITAT Mumbai ruled that a higher stamp-duty value alone cannot prove undisclosed investment under Section 69B without evidence of extra payment.