https://www.taxtmi.com/caselaws?id=785895 Differential consideration for an immovable property was measured against the 10 percent tolerance band applied to stamp duty valuation; the tribunal treated valuation provisions governing buyer and seller as pari materia and applied the tolerance limit to the purchaser's charge under the gift/receipt valuation provision. The tribunal relied on prior authority holding that the enlarged tolerance operates from the date of introduction of the principal valuation provision, permitting retrospective application of the amendment for tolerance purposes. Because the differential fell within the 10 percent tolerance, the assessed addition was deleted and the assessee's grounds were allowed. en-us Fri, 30 Jan 2026 00:00:00 +0530 Mon, 02 Feb 2026 08:20:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785895 Differential consideration for an immovable property was measured against the 10 percent tolerance band applied to stamp duty valuation; the tribunal treated valuation provisions governing buyer and seller as pari materia and applied the tolerance limit to the purchaser's charge under the gift/receipt valuation provision. The tribunal relied on prior authority holding that the enlarged tolerance operates from the date of introduction of the principal valuation provision, permitting retrospective application of the amendment for tolerance purposes. Because the differential fell within the 10 percent tolerance, the assessed addition was deleted and the assessee's grounds were allowed. Case-Laws Income Tax Fri, 30 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785895