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Difference value of plot purchase

This query is : Resolved 

Sir,
It assess purchase of new plot on sale value and sale agreement same value rs:34 lacs.but market value rs:39 lacs.
Question:
Assess difference value rs:5 lacs amount show in it returns compulsory difference value show in purchase time or sales time applicable in it act.

Is market value is same as of government valuation.
Make the query more clear.

sir, purchase of new plot rs:34 lacs and market value rs:39 lacs difference rs:5 lacs value income tax applicable

Difference 5 lacs income tax applicable in case of government valuation and not on market valuation.



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