https://www.taxtmi.com/caselaws?id=800339 The beneficial tolerance provision in the third proviso to Section 50C is treated as retrospectively applicable, requiring adoption of the declared sale consideration and preventing an addition where the DVO valuation exceeds it by no more than 10%. Bona fide pursuit of rectification proceedings before the appellate authority, followed by prompt filing after rejection, constitutes reasonable cause for a 60-day filing delay. en-us Wed, 23 Sep 2026 00:00:00 +0530 Mon, 05 Oct 2026 08:13:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800339 The beneficial tolerance provision in the third proviso to Section 50C is treated as retrospectively applicable, requiring adoption of the declared sale consideration and preventing an addition where the DVO valuation exceeds it by no more than 10%. Bona fide pursuit of rectification proceedings before the appellate authority, followed by prompt filing after rejection, constitutes reasonable cause for a 60-day filing delay. Case-Laws Income Tax Wed, 23 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800339