https://www.taxtmi.com/caselaws?id=294126 The ITAT remitted the case back to the AO for fresh adjudication, directing the AO to consider the stamp duty valuation as on the date of the agreement to sell (04.07.2007) for applying Section 50C. The tribunal deemed the amendment to Section 50C as retrospective from 1st April 2003, aligning with prior judgments. The appeal was allowed for statistical purposes. en-us Thu, 30 Nov 2017 00:00:00 +0530 Tue, 12 Nov 2024 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294126 The ITAT remitted the case back to the AO for fresh adjudication, directing the AO to consider the stamp duty valuation as on the date of the agreement to sell (04.07.2007) for applying Section 50C. The tribunal deemed the amendment to Section 50C as retrospective from 1st April 2003, aligning with prior judgments. The appeal was allowed for statistical purposes. Case-Laws Income Tax Thu, 30 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294126