https://www.taxtmi.com/caselaws?id=13059 The court held that deductions for stamp duty and registration charges from the "apparent consideration" under section 269UA(b) of the Income-tax Act, 1961 were impermissible. The petitioner was awarded the unlawfully deducted amount of Rs.24,97,550 with interest at 12% per annum from February 24, 1989. The impugned orders were set aside, and the respondents were directed to pay the petitioner within 60 days. The petition was allowed with no order as to costs. en-us Mon, 16 Jul 2001 00:00:00 +0530 Tue, 26 May 2009 11:52:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13059 The court held that deductions for stamp duty and registration charges from the "apparent consideration" under section 269UA(b) of the Income-tax Act, 1961 were impermissible. The petitioner was awarded the unlawfully deducted amount of Rs.24,97,550 with interest at 12% per annum from February 24, 1989. The impugned orders were set aside, and the respondents were directed to pay the petitioner within 60 days. The petition was allowed with no order as to costs. Case-Laws Income Tax Mon, 16 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13059