Income tax

Property bought for ₹6.5 crore but valued at ₹8.85 crore: How buyer won relief from ₹2.35 crore tax addition

By singhanup303

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August 13, 2026

7 Min Read

A property transaction involving a ₹6.5 crore purchase price and ₹8.85 crore stamp-duty valuation has resulted in an important income-tax ruling for property buyers. The Income Tax Appellate Tribunal (ITAT), Mumbai has granted relief to a taxpayer who…