Section 43CA(4) not applicable to sell agreement executed before 01.04.2013

Indexone Tradecone Pvt. Ltd. Vs DCIT (ITAT Jaipur) The question that arises for consideration is whether the provision of section 43CA can be invoked in respect of such transactions and the differential amount can be brought to tax for the reason that the sale deed has been executed during the year under consideration wherein the value adopted by the Sub-Registrar for purposes of payment of stamp duty is higher than what has been agreed to between the assessee and the buyer and the exceptions provided under sub-section (4) are not available to the assessee. The provisions of section 43CA have ...