JOINT COMMISSIONER OF INCOME TAX, SUBHASH ROAD DEHADUN vs. M/S TIMES SQUARE, SAHASTRADHARA ROAD
In the result, appeal of the Revenue is dismissed
ITA 42/DDN/2025[2017-18]Status: DisposedITAT Dehradun26 Sept 2025AY 2017-18
Section 143(3)Section 250Section 43CSection 69A
capital gains (section 50C) and\nother sources (section 56) arising out of transactions in immovable\nproperty, the higher of sale consideration or stamp duty value\nwas adopted. The difference was taxed as income both in the\nhands of the purchaser and the seller.\n\n16.2 It has been pointed out that the variation between stamp duty\nvalue and actual consideration
