https://www.taxtmi.com/caselaws?id=314289 The proviso to Section 56(2)(vii)(b) applied because the assessee had booked the flat, made part payment by cheque before the agreement date, and the booking form, allotment letter and agreement for sale recorded the same consideration accepted by the seller. On those facts, there was a fixed agreement for transfer with substantial compliance with the booking terms, so the stamp duty value had to be tested with reference to the booking or agreement date, not the later registration date. The addition made on the basis of the registration-date value was therefore deleted. en-us Tue, 30 May 2023 00:00:00 +0530 Thu, 30 May 2024 10:45:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314289 The proviso to Section 56(2)(vii)(b) applied because the assessee had booked the flat, made part payment by cheque before the agreement date, and the booking form, allotment letter and agreement for sale recorded the same consideration accepted by the seller. On those facts, there was a fixed agreement for transfer with substantial compliance with the booking terms, so the stamp duty value had to be tested with reference to the booking or agreement date, not the later registration date. The addition made on the basis of the registration-date value was therefore deleted. Case-Laws Income Tax Tue, 30 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314289