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Property value rose before registration; ITAT scraps Rs 11.35 lakh tax on buyer

Times of india·2 Oct 2026
Property value rose before registration; ITAT scraps Rs 11.35 lakh tax on buyer

Under Section 56(2)(x), there is applicable taxation of such a difference in the buyer's hands if the stamp duty value of the property is higher than the purchase consideration by more than the…

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