2026 (9) TMI 1721

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ER PER RAJESH KUMAR, AM: This is an appeal preferred by the assessee against the order of the ld. Commissioner of Income-tax (Appeals), Kolkata-22(hereinafter referred to as the "Ld. CIT(A)"] dated 26.03.2026 for the AY 2023-24. 2. The only issue raised by the assessee in the grounds of appeal is against the order of ld. CIT (A) confirming the addition of Rs.7,88,086/- as made by the ld. ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r relevant section     Detailed Bifurcation Deed value (i.e. consideration value) Market Value (Rs.) Flat No.1, status completed, type residential use, 30,00,000/- 32,28,300/- Flat No.1A, Status: completed, type residential use 30,00,000/- 32,28,300/- Covered Garage 5,00,000/- 8,31,486/-   65,00,000/- 72,88,086/- Difference 7,....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....he value as per stamp valuation authority between the dates of actual deposit of registration fee and the registration of sale deed. In our view, the assessee is not at fault for this increase in the value as per stamp valuation authority. Therefore, the order passed by the ld. CIT (A) is wrong and cannot be sustained. Moreover, the value between the purchase price and stamp valuation was within t....