https://www.taxtmi.com/caselaws?id=468635 Where consideration for an immovable property is fixed by an earlier allotment or agreement and part of the payment is made through banking channels on or before that date, the stamp duty value has to be tested with reference to the agreement date under the provisos to sections 56(2)(x) and 50C. The addition based only on the stamp duty value as on the registration date was therefore unsustainable, because the authorities ignored the statutory protection tied to earlier fixing of consideration and prior cheque payments. en-us Tue, 21 Mar 2023 00:00:00 +0530 Fri, 15 May 2026 11:22:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468635 Where consideration for an immovable property is fixed by an earlier allotment or agreement and part of the payment is made through banking channels on or before that date, the stamp duty value has to be tested with reference to the agreement date under the provisos to sections 56(2)(x) and 50C. The addition based only on the stamp duty value as on the registration date was therefore unsustainable, because the authorities ignored the statutory protection tied to earlier fixing of consideration and prior cheque payments. Case-Laws Income Tax Tue, 21 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468635