Regarding to valuation report on property purchased before 2001

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Suresh S. Tejwani (Querist)
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11 September 2025 If, mr.x purchased property before 2001 and now he sale property in the f.y. 2024-25. mr. X has made property valuation as on 1.4.2001 (which was purchased before 2001) is more than stamp duty value as on 1.4.2001. therefore, Mr. X consider valuation as on 1.4.2001 which is higher than stamp duty value as on 1.4.2001 in their income tax return?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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11 September 2025 Not allowed.. Now only circle rate is accepted as of 2001.

Suresh S. Tejwani

Suresh S. Tejwani (Querist)
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11 September 2025 Circle rate would be stamp duty value only?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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11 September 2025 Yes, it is the value assessed by Government (Sub-registrar) office in the area; over which stamp duty is levied.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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15 September 2025 Good Luck...

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