appreciate that sub- section 1 of section 43CA is in parameteria with
sec. 50(C)(1) of the Act except that sec.43CA(1) applies ... applies with full force to sec.43CA of the Act which is the fact
in the instant case.
1.iii. The Ld. CIT(A) further
addition
of Rs. 20,38,324/- while invoking the provisions of section 43CA of the Act.
2. Briefly stated, the facts of the case ... time of booking and as such
the provision of section 43CA are not applicable on it. The Assessing Officer,
on perusal of the registered documents
action of
the ld CITA in confirming the addition made u/s 43CA ... otherwise.
5.4. The ld AO applied the provisions of section 43CA of the Act in all the
14 properties registered inspite of the fact that
office sold as per sale deed by Sub-Registrar DVO 43CA
(1) (2) (3) (4) (5)=(4)-(2)
Office ... value adopted by the sub-registrar and therefore, in
terms of section 43CA(2) r.w.s. 50C(3), the Land area and value
adopted
addition of Rs.5,74,924/-
by invoking provisions of section 43CA of the Income Tax Act, 1961 by
rejecting appellant's submission ... addition of Rs.5,74,924/-
by invoking provisions of section 43CA of the Income Tax Act, 1961
(hereinafter referred
disallowing an amount of Rs. 2,03,051 under
section 43CA of the Act as the difference
between the value adopted by Stamp Duty
Authority ... consideration
received and is therefore covered by the
proviso to section 43CA of the Act.
4.3. On the facts and the circumstances of the
case
less than
10% and therefore, not required to be added.
3. Section 43CA of the Act provides that where a consideration received or
accruing ... fresh adjudication .
4. We observe from plain reading of sec. 43CA that it provides in a case
where consideration received or accruing as a result
Agreement Value i.e.
Rs.12,71,500/- under section 43CA of the Income Tax Act,1961 (in short 'the
Act'). Aggrieved ... facts upheld the
addition made by the Assessing Officer u/s 43CA of the Act. The ld. Authorized
Representative of the assessee pointed that
against the
confirmation of disallowance of Rs.9,18,700/- u/s.43CA of the
Income-tax Act, 1961 (hereinafter also called ... value. The assessee furnished
such an information. Invoking the provisions of section 43CA of
the Act in respect of one transaction where the difference
determined by the Stamp Duty Authority should not be added u/s 43CA of the
Act. Though the assessee objected to the proposed addition; however ... authority, the assessee urged
a preliminary ground that th provisions of section 43CA having introduced into
the statute by Finance
