When Two Views are Possible, View Favouring Assessee to Prevail – ITAT Delhi Holds Section 56(2)(vii) Inapplicable to Purchase of Leasehold Rights Rajesh Kumar Sharma v. CIT(A)/NFAC, Delhi (ITA No. 1785/Del/2025) Facts 1. The assessee had purchased a residential flat during the relevant previous year for a consideration of ₹33,76,625. The stamp duty valuation…
The post When Two Views are Possible, View Favouring Assessee to Prevail – ITAT Delhi Holds Section 56(2)(vii) Inapplicable to Purchase of Leasehold Rights appeared first on The Tax Talk.
