https://www.taxtmi.com/highlights?id=44348 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. en-us Wed, 06 Feb 2019 14:06:50 +0530 Wed, 06 Feb 2019 14:06:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=44348 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. Highlights Income Tax Wed, 06 Feb 2019 14:06:50 +0530 https://www.taxtmi.com/highlights?id=44348