https://www.taxtmi.com/caselaws?id=795817 Section 50C valuation may use the stamp-duty guideline value prevailing on the date an oral agreement fixes sale consideration where purchaser confirmations and banking-channel advances establish the agreement. The note describes the first proviso as curative and beneficial, permitting use of the agreement-date value; where declared consideration exceeds that value, no deemed substitution arises. It further addresses income from other sources attributed to an assessee, stating that the amount attributable to her requires factual verification of her share. Accordingly, the described capital-gains additions based on later guideline values do not survive, while attribution of other income remains subject to verification. en-us Wed, 08 Jul 2026 00:00:00 +0530 Tue, 28 Jul 2026 08:30:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795817 Section 50C valuation may use the stamp-duty guideline value prevailing on the date an oral agreement fixes sale consideration where purchaser confirmations and banking-channel advances establish the agreement. The note describes the first proviso as curative and beneficial, permitting use of the agreement-date value; where declared consideration exceeds that value, no deemed substitution arises. It further addresses income from other sources attributed to an assessee, stating that the amount attributable to her requires factual verification of her share. Accordingly, the described capital-gains additions based on later guideline values do not survive, while attribution of other income remains subject to verification. Case-Laws Income Tax Wed, 08 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795817