{"id":60906,"date":"2026-06-18T12:40:22","date_gmt":"2026-06-18T07:10:22","guid":{"rendered":"https:\/\/itatonline.org\/digest\/clayking-minerals-llp-v-ito-2025-213-itd-1-ahd-trib\/"},"modified":"2026-06-18T12:40:22","modified_gmt":"2026-06-18T07:10:22","slug":"clayking-minerals-llp-v-ito-2025-213-itd-1-ahd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/clayking-minerals-llp-v-ito-2025-213-itd-1-ahd-trib\/","title":{"rendered":"Clayking Minerals LLP v. ITO (2025) 213 ITD 1 (Ahd) (Trib.)"},"content":{"rendered":"<p>Tribunal held that since the value of the property was disputed, the Assessing Officer had to make a reference to DVO for the purpose of valuing the same; Agricultural land cannot be taken out of the purview of section 56(2)(x). Matter remanded.\u00a0 \u00a0(AY. 2018-19)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 56: Income from other sources-Agricultural land-Capital gains-Full value of consideration-Stamp valuation-Agricultural land is also covered under section 56 (2)(x)-When the value of land is disputed, the Assessing Officer ought to have referred the matter to the Departmental Valuation Officer (DVO)-Matter remanded. [S.2(14) 50C(2), 56(2)(10)]  <\/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_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":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-60906","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fQm","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60906","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=60906"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60906\/revisions"}],"predecessor-version":[{"id":60907,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/60906\/revisions\/60907"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=60906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=60906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=60906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}