Stamp Duty vs RR Value Confusion: ITAT Remands ₹75.33L Addition

Anil Hanumant Choudhari Vs ITO (ITAT Pune) Stamp Duty vs RR Value Confusion: AO’s Addition of 75.33L Remanded ; Joint Purchase Not a Bar, Tribunal Restores Full 54F Claim for Re-Examination Assessee sold two small plots during AY 2020-21 & invested the entire sale consideration of Rs.1,55,00,000 in a new residential property purchased jointly with his wife, claiming deduction u/s 54F. AO completed assessment ex-parte u/s 144 r.w.s 144B by wrongly comparing the ready reckoner value of Rs.84,63,000 with the stamp duty paid of Rs.9,30,000, treating the difference of Rs.75,33,000 as misrepor...