Section 50c-stamp duty valuation

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NISHIT MAJETHIYA (Querist)
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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

pranav

pranav (Expert)
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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..

pranav

pranav (Expert)
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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..

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