ITAT Deletes Rs 8.56 Lakh Addition, Holds Same Property Cannot Have… — Studycafe — TG.ME

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📢 ITAT Deletes Rs 8.56 Lakh Addition, Holds Same Property Cannot Have Different Valuations for Joint Owners

ITAT deleted the Rs 8.56 lakh addition under Section 56(2)(vii)(b), holding that the DVO’s valuation of the jointly purchased property matched the actual purchase price.

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September 1, 2026 42