{"id":54481,"date":"2025-05-22T15:03:29","date_gmt":"2025-05-22T09:33:29","guid":{"rendered":"https:\/\/itatonline.org\/digest\/saggar-parimmal-ito-mum-trib-ur-ketan-kumar-sagar-v-ito-mum-trib-ur\/"},"modified":"2025-05-22T15:03:29","modified_gmt":"2025-05-22T09:33:29","slug":"saggar-parimmal-ito-mum-trib-ur-ketan-kumar-sagar-v-ito-mum-trib-ur","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/saggar-parimmal-ito-mum-trib-ur-ketan-kumar-sagar-v-ito-mum-trib-ur\/","title":{"rendered":"Saggar Parimmal . ITO ( Mum)( Trib ) (UR ) Ketan Kumar Sagar v. ITO (Mum ) (Trib) (UR)"},"content":{"rendered":"<p>Both assessees, as co-owners, jointly purchased a residential flat. The registration of the said flat was completed on 01.09.2017. The declared value of the property was Rs.2,71,11,500\/-, whereas the stamp duty valuation, as determined by the stamp duty authorities, stood at Rs.2,88,91,540\/-. Consequently, the difference amounted to Rs.17,80,040\/-. The assessee is entitled to the benefit of the tolerance limit of 6.56%. Specifically, the question is whether this tolerance limit applies to both assesses.\u00a0 (AY. 2018 -19<strong>) <\/strong>( ITA No 84\/M\/2025 dated 21\/03\/2025.) \u00a0<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 50C : Capital gains &#8211; Full value of consideration &#8211; Special provision for computation of full value consideration (Amendment)  &#8211; difference between sale consideration and stamp duty &#8211; Stamp Duty Value of the Property purchase and Purchase consideration is less than the tolerance band of 10%-  Provisions of Section 56(2)(x)- The assessee is entitled to the benefit of the tolerance limit of 6.56%.  [ S. 56(2)(x ) ] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-54481","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-eaJ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=54481"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54481\/revisions"}],"predecessor-version":[{"id":54482,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54481\/revisions\/54482"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=54481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=54481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=54481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}