Sec 50C Capital Gains
This query is : Resolved
18 May 2011
As per sec. 50 if the consideration received or accruing as a result of transfer of a capital asset is less than Stamp duty valuation then such stamp duty value to be taken.
1)Here consideration means net sale consideration or just sale consideration?
2)Will expenses of transfer also be subtracted from Stamp duty valuation?
1)Here consideration means net sale consideration or just sale consideration?
2)Will expenses of transfer also be subtracted from Stamp duty valuation?
18 May 2011
1) Just Sale Consideration
2) Yes
2) Yes
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