https://www.taxtmi.com/highlights?id=99126 Section 43CA applies only to transfer of land or building or both held as stock-in-trade, and its deeming fiction cannot be extended to TDR/FSI rights. Because transferable development rights are intangible development rights and not land or building per se, adoption of stamp duty value for their transfer was held impermissible. The addition made under section 43CA was therefore deleted, and the Revenue's appeal failed. en-us Fri, 24 Apr 2026 10:10:41 +0530 Fri, 24 Apr 2026 10:10:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=99126 Section 43CA applies only to transfer of land or building or both held as stock-in-trade, and its deeming fiction cannot be extended to TDR/FSI rights. Because transferable development rights are intangible development rights and not land or building per se, adoption of stamp duty value for their transfer was held impermissible. The addition made under section 43CA was therefore deleted, and the Revenue's appeal failed. Highlights Income Tax Fri, 24 Apr 2026 10:10:41 +0530 https://www.taxtmi.com/highlights?id=99126