https://www.taxtmi.com/caselaws?id=466019 A discrepancy between the sale consideration declared by the taxpayer and a higher valuation adopted by the stamp valuation authority for registration, arising from a deeming valuation exercise, does not by itself amount to furnishing inaccurate particulars of income for purposes of imposing a penalty for inaccurate particulars; relying on coordinate-bench precedent, the impugned penalty was deleted and the taxpayer's appeal was allowed. en-us Fri, 28 Jul 2023 00:00:00 +0530 Tue, 20 Jan 2026 21:18:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466019 A discrepancy between the sale consideration declared by the taxpayer and a higher valuation adopted by the stamp valuation authority for registration, arising from a deeming valuation exercise, does not by itself amount to furnishing inaccurate particulars of income for purposes of imposing a penalty for inaccurate particulars; relying on coordinate-bench precedent, the impugned penalty was deleted and the taxpayer's appeal was allowed. Case-Laws Income Tax Fri, 28 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466019