2025 (5) TMI 2185

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....wade ORDER PER INTURI RAMA RAO, AM: This is an appeal filed by the assessee directed against the order of Addl/JCIT(A)-1, Chandigarh dated 12.02.2024 for the assessment year 2017-18. 2. Briefly, the facts of the case are that the appellant is a partnership firm engaged in the business of Builders and Developers. The Return of Income for the A.Y. 2017-18 was filed on 25.10.2017 declarin....

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....A(3) and (4) clearly provide that where the date of agreement fixing the value of consideration for transfer of the asset and the date of registration of such transfer of asset are not the same, the stamp value prevailing as on the date of agreement shall be taken. The appellant placing reliance on the decision of Pune Bench in the case of Rahul Construction Vs. DCIT - ITA No.143/PUN/2007 contende....

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.... Dy. CIT (2020) 113 taxmann.com 24 /181 ITD 185 (Kal-Trib.) 2. John Flower (India) (P) Ltd. Vs. Dy. CIT - IT Appeal No.7545/Mum/2014, dt. 25.01.2017 3. Karb Associates (P) Ltd. Vs. Dy. CIT - IT Appeal No.1941/Kol/2019, dt. 25.08.2021 4. Maria Fernandes Cheryl Vs. ITO (IT) (2021) 123 taxmann.com 252/187 ITD 7387 (Mum.) 5. Sandeep Kumar Poddar Vs. ITO (2023) 151 t....