Dear expert,
To what extent difference between sale proceeds & valuation based on circle rate of property is acceptable under under which section of Income Tax India Act.
Kamal Verma (Financial advisor) (579 Points)
13 March 2021Dear expert,
To what extent difference between sale proceeds & valuation based on circle rate of property is acceptable under under which section of Income Tax India Act.
Kamal Verma
(Financial advisor)
(579 Points)
Replied 13 March 2021
Thanks Pravinji. I have discussed with counsel he says that the said deviation has been extended to 20% till 31.03.2021 due to Covid-19, is this correct?
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