S. 56 : Income from other sources-Sale of shares at a premium-Addition made on account of the difference between FMV and actual consideration received by the assessee in terms of section 56(2)(viib) was justified. [S. 56(2)(viib), R.11UA]
Royal Accord Realtors (P.) Ltd. v. DCIT (2022) 195 ITD 287 / 220 TTJ 892/ 220 DTR 150 (Mum.)(Trib.)/Rokdale Realtors ( P ) Ltd v .Dy.CIT ( 2022) 195 ITD 287 220 TTJ 892 / 220 DTR 150 ( SMC) ( Mum)( Trib)