Tax Dispute Resolved: Assessing Officer to Accept Taxpayer's Sale Value Over Stamp Authority's Higher Valuation, Per Sections 69A & 50C.

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....Addition u/s 69A OR 50C - difference between the sale consideration disclosed by the assessee and the value adopted by the Stamp Valuation Authority - the authorities below have taken contrary stands about the taxability of the difference between the value declared by the assessee and value adopted by the Stamp Valuation Authority. Moreover, in the light of the binding precedents, we hereby direct the AO to delete the addition - AT....