Donation of land recevied by trust

Ashwin N (Chartered Accountant) (192 Points)

25 June 2016  
A Land Owner has Donated Land to a Trust having 12A and 80G Certificate,Trust  paid him  Registration Expenses of around Rs.50,000/- needed to transfer the land in the name of Trust Plus a  amount of Rs.1 Lacs to Land Owner for Donation of Land as compensation.
 
Query:-
 
1.How is to be Shown in Trust Books.The Market value of Land as Valuation by Stamp Authority is around Rs.10 Lacs