Direct tax query

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vimal chovatiya

25 Points Joined March 2019

Ram, a real estate agent, sold a land for INR 24,00,000. Stamp duty value of the land is INR 25,00,000. Sale
value under section 43CA shall be ___________________.
a. INR 24,00,000
b. INR 25,00,000
c. INR 1,00,000
d. Either of a or b at the option of Assessing Officer