https://www.taxtmi.com/caselaws?id=456468 The proviso to section 50C(1) was treated as curative and therefore retrospective where an agreement fixing consideration preceded registration, the arrangement was acted upon, and part consideration had been received by the prescribed modes before the registered conveyance. In those circumstances, the stamp duty value had to be taken with reference to the date of the memorandum of understanding rather than the later registration date for capital gains computation, and the addition was deleted. en-us Wed, 05 Jan 2022 00:00:00 +0530 Sun, 28 Jul 2024 11:22:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456468 The proviso to section 50C(1) was treated as curative and therefore retrospective where an agreement fixing consideration preceded registration, the arrangement was acted upon, and part consideration had been received by the prescribed modes before the registered conveyance. In those circumstances, the stamp duty value had to be taken with reference to the date of the memorandum of understanding rather than the later registration date for capital gains computation, and the addition was deleted. Case-Laws Income Tax Wed, 05 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456468