CA Day celebration 2024 Easy Office
LCI Learning

Section 50c-stamp duty valuation

This query is : Resolved 

22 April 2014 Dear Sir,
I have doubt relating to the payment of stamp duty on purchase of asset.
I want to ask that is Section 50C applicable for determining stamp duty on purchase of building?
we have to take value determined by SVA for payment of stamp duty??
guide me

27 April 2014 yes, if your consideration is less than SDV than SDV shall be taken for payment of stamp duty. Section 50C has implication in taxation purpose and not payment of duty..

27 April 2014 yes, if your consideration is less than SDV than SDV shall be taken for payment of stamp duty. Section 50C has implication in taxation purpose and not payment of duty..




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query