https://www.taxtmi.com/caselaws?id=470793 Section 50C(1)'s 10% safe harbour applies retrospectively as a curative measure to prevent hardship in genuine transactions. Where the difference between actual purchase consideration and the value determined by the Departmental Valuation Officer is within that threshold, the DVO value replaces the stamp duty value for applying the safe harbour. A valuation difference of 7.40% therefore does not support an addition under section 56(2)(vii), and the addition is unsustainable. en-us Fri, 15 May 2026 00:00:00 +0530 Sun, 09 Aug 2026 23:30:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470793 Section 50C(1)'s 10% safe harbour applies retrospectively as a curative measure to prevent hardship in genuine transactions. Where the difference between actual purchase consideration and the value determined by the Departmental Valuation Officer is within that threshold, the DVO value replaces the stamp duty value for applying the safe harbour. A valuation difference of 7.40% therefore does not support an addition under section 56(2)(vii), and the addition is unsustainable. Case-Laws Income Tax Fri, 15 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470793