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Sec 50c

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18 July 2013 IF THERE IS ANY DEFECT IN THE IMMOVABLE PROPERTY LIKE HIGH VOLTAGE WIRE ON THE ROOF OR PIT IN FRONT OF THE PROPERTY THEN THE VALUATION CAN BE ACCEPTED LOWER THAT THE VALUE DECIDED BY THE stamp duty authorities.. IF YES THEN PLZ TELL ME ANY CASE LAW OR CIRCULAR RELATED TO IT...
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
18 July 2013 no.
even in such case valuation is done as it is done for other immovable property.
valuation done by stamp duty authorities is to be tken for the purpose of full value consideration u/s 50C.
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