ITAT Gives Relief in Property Sale Dispute Over Rs 3.30 Crore Valuation
A Delhi property sale dispute involved a couple who sold their jointly owned property. The Income Tax Department claimed buyers paid extra cash beyond the registered deed's Rs 1.60 crore sale price. The tax officer valued the transaction at Rs 3.30 crore, but the Income Tax Appellate Tribunal (ITAT) provided relief to the sellers against this higher valuation.
TOI Business··Delhi



