Ltcg on property - valuation
This query is : Resolved
30 May 2013
For LTCG on Property transfer, which value is to be considered - Sale deed agreement OR Value as per Stamp duty paid / Circle rate applicable at the time of sale/purchase.
Please advise.
Thanks,
Kapil
Please advise.
Thanks,
Kapil
31 May 2013
If Value of Sale Deed Agreement > Stamp Duty Value/Circle Rate;
then Sale Price = Value of Sale Deed Agreement
If Value of Sale Deed Agreement < Stamp Duty Value/Circle Rate;
then Sale Price = Stamp Duty Value/Circle rate
Section 50C applicable.
then Sale Price = Value of Sale Deed Agreement
If Value of Sale Deed Agreement < Stamp Duty Value/Circle Rate;
then Sale Price = Stamp Duty Value/Circle rate
Section 50C applicable.
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