![ITAT directs AO to deletes addition of 3.92 Lakhs if Market Value difference is within 10% Tolerance limit [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Income-Tax-ITAT-Mumbai-Stamp-duty-valuation-Stamp-duty-warehouse-stamp-duty-taxscan.jpg "ITAT directs AO to deletes addition of 3.92 Lakhs if Market Value difference is within 10% Tolerance limit [Read Order]")
ITAT directs AO to deletes addition of 3.92 Lakhs if Market Value difference is within 10% Tolerance limit [Read Order]
In the case of Tarun Mohan Jani vs ACIT, the Income Tax Appellate Tribunal ( ITAT ) Mumbai ruled in favor of the appellant, granting him relief from...
![ITAT directs to allow Stamp Duty & Registration Charges Incurred to Transfer as per Scheme of Arrangement approved by NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Stamp-Duty-Registration-Charges-Transfer-Scheme-of-Arrangement-approved-by-NCLT-TAXSCAN.jpg "ITAT directs to allow Stamp Duty & Registration Charges Incurred to Transfer as per Scheme of Arrangement approved by NCLT [Read Order]")
![Appellant’s Bank statements Confirms Full Payment and Compliance with Section 56 (2)(x) (b) (B): ITAT deletes addition of Rs. 60.1 Lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-ITAT-Mumbai-Income-tax-Bank-statement-Bank-statements-evidence-taxscan.jpg "Appellant’s Bank statements Confirms Full Payment and Compliance with Section 56 (2)(x) (b) (B): ITAT deletes addition of Rs. 60.1 Lakhs [Read Order]")
Stamping of Registration of MOU not Relevant for Purpose of Adjudication of Application u/s 8 of Arbitration & Conciliation Act: Delhi HC [Read Order]
The Delhi High Court has observed that stamping of registration of a Memorandum of Understanding ( MOU ) is not relevant for adjudication of an application under section 8 of the Arbitration &...
Sale Consideration as determined by Stamp Duty Authorities has to be adopted for purposes of Computation of Capital Gain: ITAT [Read Order]
A two member bench of Jaipur Income Tax Appellate Tribunal ( ITAT ) has held that the sale consideration as determined/adopted by the Stamp Duty Authorities, has to be adopted for the purposes of...
![Sale Consideration as determined by Stamp Duty Authorities has to be adopted for purposes of Computation of Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-Jaipur-ITAT-Income-Tax-ITAT-Ruling-on-Capital-Gains-Stamp-Duty-Authority-Valuation-Taxscan.jpg "Sale Consideration as determined by Stamp Duty Authorities has to be adopted for purposes of Computation of Capital Gain: ITAT [Read Order]")
Mere Reference of dispute to Arbitration does not Preclude High Court from Examining Issue of Stamp Duty in a Writ Petition: Delhi HC [Read Order]
The Delhi High Court has held that mere reference of the dispute to arbitration does not preclude the High Court from examining the issue of stamp duty in a writ petition. Mrs Vinnu Goel, the...
Period of Limitation for cases covered u/s 49(a) of Stamp Act is Six Months from Date on which Stamp Paper was Spoiled: Delhi HC directs to Refund 90% of Stamp Duty [Read Order]
The Delhi High Court directed to refund 90% of stamp duty and observed that period of limitation for cases covered under Section 49(a) of the Stamp Act, 1899 is six months from date on which stamp...
ITAT quashes Confirmation of Income Tax Addition u/s 56(2)(vii)(b) solely for Payment made only by other Co-Owner before Registration [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) quashed the confirmation of addition under Section 56(2)(vii)(b) of the Income Tax Act, done solely for payment made by other co-owner...
![ITAT quashes Confirmation of Income Tax Addition u/s 56(2)(vii)(b) solely for Payment made only by other Co-Owner before Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ITAT-itat-mumbai-Confirmation-of-Income-Tax-Payment-Co-owner-Registration-Income-Tax-Addition-taxscan.jpg "ITAT quashes Confirmation of Income Tax Addition u/s 56(2)(vii)(b) solely for Payment made only by other Co-Owner before Registration [Read Order]")
