Stamp Duty Value Increase Post Land Conversion Paid by Buyer Cannot Trigger Section 56(2)(x) Addition
Stamp Duty Value Increase Post Land Conversion Paid by Buyer Cannot Trigger Section 56(2)(x) Addition Issue Whether an addition under Section 56(2)(x) based on stamp duty valuation is justified when the higher stamp duty value resulted from land conversion funded entirely by the buyer and the underlying agreement was executed prior to the insertion of… Read More »