| Question And Answer | |
|---|---|
| Subject: | section 56 (2) (X) of income tax Act case laws on reduction of stamp duty value of immovable properties post sale deed registration. |
| Category: | Income-Tax |
| Querist: | S Gopinath |
| Answered by: | Law Intern |
| Tags: | section 56(2)(x), stamp duty valuation |
| Date: | June 16, 2025 |
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There are a number of case laws which hold that under Section 56(2)(x), the Stamp Duty Valuation of immovable property can be challenged post-sale deed registration by claiming that it exceeds the FMV and requesting a referral to a Valuation Officer. See Dulari Devi Pala (ITAT Kolkata, 2020) and Information Technology Park Ltd. (ITAT Bangalore, 2022).
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