Judicial discipline requires consistent reassessment treatment where identical facts were decided for the same taxpayer in the preceding assessment ye...
Agreement-date stamp-duty valuation under section 56(2)(vii)(b)...
Agreement-date stamp valuation requires the same registered property, fixed consideration, and qualifying payment; an unrelated prior booking cannot apply.
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Agreement-date stamp-duty valuation under section 56(2)(vii)(b) is available only where a pre-registration agreement fixes the consideration for the property ultimately registered and the prescribed non-cash payment condition is met. An earlier booking for a different flat with an erstwhile developer does not meet those requirements where the registered agreement concerns a new flat and a new developer, absent a legally established linkage between earlier payments and the later consideration. The stamp-duty value applicable to the subsequently registered transfer therefore governed the addition for the difference in value.
Agreement-date stamp-duty valuation under section 56(2)(vii)(b) is available only where a pre-registration agreement fixes the consideration for the property ultimately registered and the prescribed non-cash payment condition is met. An earlier booking for a different flat with an erstwhile developer does not meet those requirements where the registered agreement concerns a new flat and a new developer, absent a legally established linkage between earlier payments and the later consideration. The stamp-duty value applicable to the subsequently registered transfer therefore governed the addition for the difference in value.
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