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Stamp duty valuation on Allotment letter date should be considered for Section 56(2)(x)
Case Law Details
- Case Name
- Smt. Mohini Bharat Kumar Ludhani Vs National E-Assessment Centre (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2018-19
- Courts
- All ITAT, ITAT Mumbai
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Smt. Mohini Bharat Kumar Ludhani Vs National E-Assessment Centre (ITAT Mumbai)
In the case of Smt. Mohini Bharat Kumar Ludhani Vs National E-Assessment Centre, heard by the Income Tax Appellate Tribunal (ITAT) Mumbai, the appellant contested the order of the Commissioner of Income Tax (Appeals) regarding stamp duty valuation. This article explores the details of the case and the tribunal’s decision.
The appellant challenged the CIT(A)’s order, which upheld the addition of INR 56,00,022 under Section 56(2)(x) of the Income Tax Act for the Assessment Year 2018-19. The dispute arose f...
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