Tribunal held that when the date of agreement and date of registration is different the date of agreement is to be taken for the purpose of computing full value of consideration for such transfer. Matter remanded. (AY. 2014-15)
Kishore Hira Bhandari v. ITO (2019) 177 ITD 565/ ( 2020) 205 TTJ 591 (Mum.)(Trib.)
S. 50C : Capital gains-Full value of consideration-stamp valuation- Date of agreement-Registration- Value adopted or assessed or assessable by stamp valuation authority on date of agreement is to be taken for purpose of computing full value of consideration for such transfer-Matter remanded. [S. 45]