Stamp duty valuation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 July 2012
What is stamp duty valuation?
A Piece of land is sold for Rs 10 Lakhs and registered by buyer for 10 lakhs and stamp duty paid on it. So for computation of Long term capital gain, the sale consideration should be taken as how much?
A Piece of land is sold for Rs 10 Lakhs and registered by buyer for 10 lakhs and stamp duty paid on it. So for computation of Long term capital gain, the sale consideration should be taken as how much?
15 July 2012
The sale consideration shall be Rs. 10 lakhs.
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