https://www.taxtmi.com/caselaws?id=786214 Difference between stamp duty value and actual sale consideration was examined under the valuation deeming fiction; tribunal held that a tolerance band (5% then 10%) introduced to prevent marginal additions must be applied and construed beneficially and, on the facts, the assessing officer's decision to ignore a 5.24% difference was a legally permissible view. The revision power was misused as it amounted to a change of opinion; revisionary order was quashed and relief granted to the assessee with retrospective application of the safe harbour tolerance in favour of the taxpayer. en-us Thu, 05 Feb 2026 00:00:00 +0530 Mon, 09 Feb 2026 09:17:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786214 Difference between stamp duty value and actual sale consideration was examined under the valuation deeming fiction; tribunal held that a tolerance band (5% then 10%) introduced to prevent marginal additions must be applied and construed beneficially and, on the facts, the assessing officer's decision to ignore a 5.24% difference was a legally permissible view. The revision power was misused as it amounted to a change of opinion; revisionary order was quashed and relief granted to the assessee with retrospective application of the safe harbour tolerance in favour of the taxpayer. Case-Laws Income Tax Thu, 05 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786214