{"id":34536,"date":"2023-05-07T12:05:20","date_gmt":"2023-05-07T06:35:20","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=34536"},"modified":"2023-05-07T12:05:20","modified_gmt":"2023-05-07T06:35:20","slug":"purchase-of-property-below-sdv","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/purchase-of-property-below-sdv\/","title":{"rendered":"purchase of property below SDV"},"content":{"rendered":"<p>Respected team,<\/p>\n<p>An assessee purchased a property in 2020 for\u00a0 a value much below the stamp duty value of the document and the\u00a0 value\u00a0 exceeds the limit prescribed under 56(2)(xb).\u00a0 \u00a0 Department issued notice for invoking provisions of sec 56(2)(xb) of the Act,<\/p>\n<p>what is the recourse available to the purchaser of property.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[441,208],"class_list":["post-34536","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-purchase-of-property","qa_tag-stamp-valuation"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/34536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=34536"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=34536"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=34536"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=34536"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=34536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}