https://www.taxtmi.com/caselaws?id=471002 Registry expenses borne by a real-estate developer on flat sales completed at stamp-valuation authority values are allowable business expenditure where the full sale consideration recorded in the sale deeds has been received. Deduction of those expenses does not reduce the sale value for stamp-duty valuation purposes and therefore does not trigger deemed-sale-consideration treatment under Section 43CA. As expenditure incurred wholly and exclusively for business, registry expenses are deductible under Section 37(1), and the related addition is deleted. en-us Fri, 28 Mar 2025 00:00:00 +0530 Mon, 17 Aug 2026 22:08:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471002 Registry expenses borne by a real-estate developer on flat sales completed at stamp-valuation authority values are allowable business expenditure where the full sale consideration recorded in the sale deeds has been received. Deduction of those expenses does not reduce the sale value for stamp-duty valuation purposes and therefore does not trigger deemed-sale-consideration treatment under Section 43CA. As expenditure incurred wholly and exclusively for business, registry expenses are deductible under Section 37(1), and the related addition is deleted. Case-Laws Income Tax Fri, 28 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471002