Case Law Details
Case Name : Sri Nikhilesh Sadhukhan Vs Income Tax Officer (ITAT Kolkata)
Related Assessment Year : 2005- 06
Courts :
All ITAT ITAT Kolkata
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In the instant case the impugned property was sold at a value lesser than the value adopted for the purpose of stamp duty. Therefore the valuation determined for the purpose of stamp valuation is taken as sale consideration. However, such deeming provision cannot be applied to the provision of law as specified Section 54EC of the Act. A
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