https://www.taxtmi.com/caselaws?id=68535 Stamp duty valuation cannot, by itself, be treated as the actual sale consideration for computing a deemed gift under the Gift-tax Act where the sale deed records a stated price and there is no evidence of any higher consideration having been received. In the absence of material proving extra consideration, a differential based only on the Sub-Registrar's stamp duty value does not support an addition as a deemed gift. The deletion of the addition was therefore upheld. en-us Wed, 19 Mar 2003 00:00:00 +0530 Wed, 20 Jun 2012 11:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68535 Stamp duty valuation cannot, by itself, be treated as the actual sale consideration for computing a deemed gift under the Gift-tax Act where the sale deed records a stated price and there is no evidence of any higher consideration having been received. In the absence of material proving extra consideration, a differential based only on the Sub-Registrar's stamp duty value does not support an addition as a deemed gift. The deletion of the addition was therefore upheld. Case-Laws Income Tax Wed, 19 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68535