https://www.taxtmi.com/highlights?id=65180 Addition u/s 43CA - difference between sale value of the flats sold and the stamp duty value of the same - The net effect of the judgment of the Supreme Court is that if a fresh benefit is provided by the Parliament in an existing provision, then such an amendment should be given retrospective effect. Therefore, even without going into the merits of the case by the application of first proviso to section 43CA having retrospective effect, the grounds of appeal of the assessee stands allowed. - AT en-us Sat, 20 Aug 2022 10:20:11 +0530 Sat, 20 Aug 2022 10:20:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65180 Addition u/s 43CA - difference between sale value of the flats sold and the stamp duty value of the same - The net effect of the judgment of the Supreme Court is that if a fresh benefit is provided by the Parliament in an existing provision, then such an amendment should be given retrospective effect. Therefore, even without going into the merits of the case by the application of first proviso to section 43CA having retrospective effect, the grounds of appeal of the assessee stands allowed. - AT Highlights Income Tax Sat, 20 Aug 2022 10:20:11 +0530 https://www.taxtmi.com/highlights?id=65180