https://www.taxtmi.com/caselaws?id=785785 Application of valuation for transfer pricing under section 50C was contested where the assessing officer applied a higher departmental value due to a typographical error. The sub-registrars calculation statement showed the property value equal to sale consideration and stamp duty paid on that amount; the value was not below the jantri. The tribunal found no basis for an addition based on departmental information given the clerical mistake and parity between document value and consideration, and accordingly allowed the assessees appeal. en-us Fri, 23 Jan 2026 00:00:00 +0530 Sat, 31 Jan 2026 08:55:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785785 Application of valuation for transfer pricing under section 50C was contested where the assessing officer applied a higher departmental value due to a typographical error. The sub-registrars calculation statement showed the property value equal to sale consideration and stamp duty paid on that amount; the value was not below the jantri. The tribunal found no basis for an addition based on departmental information given the clerical mistake and parity between document value and consideration, and accordingly allowed the assessees appeal. Case-Laws Income Tax Fri, 23 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785785