SECTION 50C(2) Valuation by valuation officer

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If you're selling land at a market rate lower than the stamp duty value, you can apply to the Assessing Officer to refer your case to a valuation officer. This application can be made before the capital asset is transferred, not just during scrutiny. While you can obtain a valuation certificate from a registered valuer, objections to the valuation can only be raised if the Assessing Officer does not accept your submitted valuation.

Chartered Accountant

Chartered Accountant (Querist)

14 April 2025 I am selling a land @Rs. 380 per sq ft. (which is actual market rate in the area) but the stamp duty value is Rs 1080 per sq ft. Can I write an application to Assessing Officer to refer my case to valuation officer before transfer of capital asset? Or the such application to Assessing Officer can be only made if my case has been selected for scrutiny?

Dhirajlal Rambhia online

Dhirajlal Rambhia online

(Expert)

14 April 2025 It cannot be requested beforehand. You can obtain valuation certificate from registered valuer in support of your claim. The objection can be raised only when AO doesn't accept your valuation.

Dhirajlal Rambhia online

Dhirajlal Rambhia online

(Expert)

28 September 2025 Good luck.....

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