https://www.taxtmi.com/caselaws?id=448025 ITAT Delhi held that for additions under section 56(2)(vii)(b), stamp duty value on the date of agreement should be considered rather than registration date when both dates differ. The assessee entered agreement in 2010 fixing consideration at Rs 1.82 crores with registration in 2013, and paid Rs 26 lakhs through banking channel before agreement date. First and second provisos to section 56(2)(vii)(b) were satisfied, exempting the transaction from the provision's application. Appeal allowed. en-us Mon, 08 Jan 2024 00:00:00 +0530 Wed, 10 Jan 2024 09:20:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448025 ITAT Delhi held that for additions under section 56(2)(vii)(b), stamp duty value on the date of agreement should be considered rather than registration date when both dates differ. The assessee entered agreement in 2010 fixing consideration at Rs 1.82 crores with registration in 2013, and paid Rs 26 lakhs through banking channel before agreement date. First and second provisos to section 56(2)(vii)(b) were satisfied, exempting the transaction from the provision's application. Appeal allowed. Case-Laws Income Tax Mon, 08 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448025