https://www.taxtmi.com/caselaws?id=796681 Section 56(2)(vii)(b) cannot apply retrospectively to an immovable-property purchase agreement executed before the provision commenced. Where the agreed consideration was supported by cheque payments, receipts and bank records, and part consideration was paid through banking channels before the agreement date, the stamp-duty valuation difference could not be taxed under the subsequently introduced charging provision. The stated analysis concludes that the addition was unsustainable and deleted. en-us Mon, 03 Aug 2026 00:00:00 +0530 Sat, 08 Aug 2026 08:32:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796681 Section 56(2)(vii)(b) cannot apply retrospectively to an immovable-property purchase agreement executed before the provision commenced. Where the agreed consideration was supported by cheque payments, receipts and bank records, and part consideration was paid through banking channels before the agreement date, the stamp-duty valuation difference could not be taxed under the subsequently introduced charging provision. The stated analysis concludes that the addition was unsustainable and deleted. Case-Laws Income Tax Mon, 03 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796681