Capital gains

This query is : Open

Shakthi (Querist)
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16 August 2018 Hi I am selling a land, the actual consideration is Rs 20 lakhs. The stamp duty value is however Rs 25 lakhs. Can i compute capital gain for Rs 20 lakhs.

Please Guide

Nikhil Kaushik

Nikhil Kaushik (Expert)
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16 August 2018 unfortunately no unless you want to dispute the stamp duty value and want the case to be referred to a valuation officer.

Shakthi

Shakthi (Querist)
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16 August 2018 Yes Sir, I am willing to dispute as Rs 20 lakhs is the actual market value here. So can i file by compuitng at Rs 20 lakhs . However once can dispute at the time of scrutily/assessment only right?

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