https://www.taxtmi.com/caselaws?id=445957 ITAT Mumbai held that no addition under section 43CA is warranted when the difference between declared sale value and stamp duty value is within the 10% tolerance limit. The tribunal applied the proviso retrospectively, finding the 4.35% difference between declared value (Rs. 9.5 crores) and DVO valuation (Rs. 9.91 crores) fell within tolerance limits. The matter was remanded to AO for verification, with directions that no addition should be made if facts are confirmed correct. en-us Thu, 24 Aug 2023 00:00:00 +0530 Thu, 23 Nov 2023 07:35:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445957 ITAT Mumbai held that no addition under section 43CA is warranted when the difference between declared sale value and stamp duty value is within the 10% tolerance limit. The tribunal applied the proviso retrospectively, finding the 4.35% difference between declared value (Rs. 9.5 crores) and DVO valuation (Rs. 9.91 crores) fell within tolerance limits. The matter was remanded to AO for verification, with directions that no addition should be made if facts are confirmed correct. Case-Laws Income Tax Thu, 24 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445957