https://www.taxtmi.com/caselaws?id=794150 The enhanced tolerance band under section 50C was treated as a curative and beneficial amendment, capable of retrospective application to Assessment Year 2016-17. Because the stamp valuation did not exceed 110% of the actual sale consideration, the Tribunal held that the assessee was entitled to the extended tolerance benefit and the declared consideration had to be accepted. The addition made by substituting the stamp valuation was deleted, on the basis that marginal variation alone should not trigger hardship where the legislative amendment was intended to remove such difficulty. en-us Fri, 19 Jun 2026 00:00:00 +0530 Wed, 01 Jul 2026 08:47:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794150 The enhanced tolerance band under section 50C was treated as a curative and beneficial amendment, capable of retrospective application to Assessment Year 2016-17. Because the stamp valuation did not exceed 110% of the actual sale consideration, the Tribunal held that the assessee was entitled to the extended tolerance benefit and the declared consideration had to be accepted. The addition made by substituting the stamp valuation was deleted, on the basis that marginal variation alone should not trigger hardship where the legislative amendment was intended to remove such difficulty. Case-Laws Income Tax Fri, 19 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794150