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Stamp duty on purchase of residential property

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 August 2013 IF RESIDENTIAL PROPERTY COST IS LESS THAN THE READY REKONER RATE WHAT IS THE STAMP DUTY TO BE PAID AND IS THERE ANY INCOME TAX TO BE PAID FOR DIFFERENCE BETWEEN ACTUAL RATE AND READY REKONER RATE?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
26 August 2013 Stamp duty need to be paid as per stamps duty calculation in the stamp. so income tax no relevance in that

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