https://www.taxtmi.com/caselaws?id=794407 Where an original allotment is cancelled and replaced by a fresh allotment culminating in a later registered agreement, the later transaction date governs valuation under section 56(2)(x), so the 2012 stamp duty value could not be adopted for the 2017 transaction. However, once the assessee specifically disputed the stamp duty valuation and filed a valuation report, the matter required reference to the Departmental Valuation Officer before computing any addition. The note therefore records that the earlier valuation-date plea failed, while the DVO-verification point was restored for fresh computation after hearing the assessee. en-us Tue, 30 Jun 2026 00:00:00 +0530 Sat, 04 Jul 2026 08:15:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794407 Where an original allotment is cancelled and replaced by a fresh allotment culminating in a later registered agreement, the later transaction date governs valuation under section 56(2)(x), so the 2012 stamp duty value could not be adopted for the 2017 transaction. However, once the assessee specifically disputed the stamp duty valuation and filed a valuation report, the matter required reference to the Departmental Valuation Officer before computing any addition. The note therefore records that the earlier valuation-date plea failed, while the DVO-verification point was restored for fresh computation after hearing the assessee. Case-Laws Income Tax Tue, 30 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794407