Capital Gain Calculation, Income Tax

[Ethirajan Parthasarathy]

Dear All

As per paper report published at the time of budget 2024 revenue secretary Mr. Sanjay Malhotra has clarified that stamp duty etc, incurred at the time of purchase of property will not be considered for calculation of capital gain.
Is his view binding on Income tax Department and whether his view is correct as per law?

Please clarify.