Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Addition u/s 56 - difference amount of stamp duty value and purchase value - Whether such agriculture land falls in the definition of capital asset u/s 2(14) or whether such agriculture land is stock-in-trade of the assessee are issues which cannot be read in the definition of “any immoveable property” used in context of section 56(2)(vii)(b) and are thus not relevant.
Addition u/s 56 - difference amount of stamp duty value and purchase value - Whether such agriculture land falls in the definition of capital asset u/s 2(14) or whether such agriculture land is stock-in-trade of the assessee are issues which cannot be read in the definition of “any immoveable property” used in context of section 56(2)(vii)(b) and are thus not relevant.
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