https://www.taxtmi.com/caselaws?id=779968 ITAT MUMBAI allowed the appeal, holding that where an earlier agreement fixed consideration and part payment was made before registration by a non-cash mode, the stamp duty value is to be determined as of the date of that agreement. The tribunal applied the first and second provisos to s.56(2)(vii), remanding to the AO to use the stamp duty valuation as of 18/10/2010 (booking date) and direct that any excess of stamp duty value over actual consideration be taxed as income from other sources under s.56(2)(vii)(b). en-us Tue, 30 Sep 2025 00:00:00 +0530 Thu, 16 Oct 2025 08:30:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779968 ITAT MUMBAI allowed the appeal, holding that where an earlier agreement fixed consideration and part payment was made before registration by a non-cash mode, the stamp duty value is to be determined as of the date of that agreement. The tribunal applied the first and second provisos to s.56(2)(vii), remanding to the AO to use the stamp duty valuation as of 18/10/2010 (booking date) and direct that any excess of stamp duty value over actual consideration be taxed as income from other sources under s.56(2)(vii)(b). Case-Laws Income Tax Tue, 30 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779968