https://www.taxtmi.com/caselaws?id=177999 The Tribunal allowed the assessee's appeal, ruling that section 50C does not apply to transactions involving leasehold rights, setting aside the CIT(A) order based on stamp duty valuation. The decision emphasized the distinction between the transfer of leasehold rights and the land/building itself, ultimately favoring the assessee for the assessment year 2005-06. en-us Wed, 25 Apr 2012 00:00:00 +0530 Mon, 25 Jan 2016 15:15:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177999 The Tribunal allowed the assessee's appeal, ruling that section 50C does not apply to transactions involving leasehold rights, setting aside the CIT(A) order based on stamp duty valuation. The decision emphasized the distinction between the transfer of leasehold rights and the land/building itself, ultimately favoring the assessee for the assessment year 2005-06. Case-Laws Income Tax Wed, 25 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177999