https://www.taxtmi.com/caselaws?id=790405 Section 43CA applies only to transfer of land or building, or both, held as stock-in-trade, and its deeming fiction cannot be extended beyond that statutory scope. Transferable development rights are development rights and not land or building per se, so their transfer is distinct from transfer of immovable property covered by the provision. On that reasoning, stamp duty value could not be substituted for the stated sale consideration on transfer of TDRs, and the addition was not sustainable in law. en-us Tue, 21 Apr 2026 00:00:00 +0530 Fri, 24 Apr 2026 08:52:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790405 Section 43CA applies only to transfer of land or building, or both, held as stock-in-trade, and its deeming fiction cannot be extended beyond that statutory scope. Transferable development rights are development rights and not land or building per se, so their transfer is distinct from transfer of immovable property covered by the provision. On that reasoning, stamp duty value could not be substituted for the stated sale consideration on transfer of TDRs, and the addition was not sustainable in law. Case-Laws Income Tax Tue, 21 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790405