https://www.taxtmi.com/caselaws?id=778359 Addition under section 56(2)(x)(b) based on stamp duty valuation could not be sustained without verifying the assessee's claim that the purchased property was agricultural land and that the stamp valuation was wrongly applied as if it were residential. Because these factual contentions had not been examined by the lower appellate authority and no verification had been made from the stamp valuation authorities, further inquiry was required. The matter was therefore remanded to the CIT(A) for fresh adjudication and necessary verification in accordance with law, leaving the substantive tax issue open. en-us Fri, 12 Sep 2025 00:00:00 +0530 Mon, 15 Sep 2025 08:26:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778359 Addition under section 56(2)(x)(b) based on stamp duty valuation could not be sustained without verifying the assessee's claim that the purchased property was agricultural land and that the stamp valuation was wrongly applied as if it were residential. Because these factual contentions had not been examined by the lower appellate authority and no verification had been made from the stamp valuation authorities, further inquiry was required. The matter was therefore remanded to the CIT(A) for fresh adjudication and necessary verification in accordance with law, leaving the substantive tax issue open. Case-Laws Income Tax Fri, 12 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778359