50C - Percentage variation allowed in Sale consideration Vs. Stamp Duty Value

This discussion clarifies the percentage variation allowed between the sale consideration and the stamp duty value under Section 50C of the Income Tax Act. While there was a rumour of an increase to 10% from AY 2021-22, the limit remains at 5% (i.e., up to 105% of the stamp duty value). Advice is also sought on documentation strategies during periods like COVID-19 when market values may be significantly lower than circle rates to avoid conflicts with Section 50C provisions.