| Question And Answer | |
|---|---|
| Subject: | Section 56(2)(vii)(b) |
| Category: | Income-Tax |
| Querist: | Dhiraj Upadhyaya |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | section 56(2)(viib) |
| Date: | April 17, 2024 |
If an assesse buys a flat for Rs 70L for stamp duty value was Rs 90L. The flat was registered on May 2013.
As per my best knowledge this section was applicable for all transactions after 01 Apr 2013
Is the IT right in invoking the above section for difference of Rs 20L
Reply of the Expert is awaited. Please check back later
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