Hi,
On resale of property where the agreement amount is less than the ready reckoner amount, at which the buyer has registered property, capital gains is to be calculated on what amount? agreeement amount or the ready reckoner amount?
Hemali Shanghvi (Owner) (136 Points)
20 October 2010Hi,
On resale of property where the agreement amount is less than the ready reckoner amount, at which the buyer has registered property, capital gains is to be calculated on what amount? agreeement amount or the ready reckoner amount?
CA Shiv
(Business Controller)
(2987 Points)
Replied 20 October 2010
what is ready reckoner amount? give all details
Prachi Jindal
(CA-Article-Final-Student)
(129 Points)
Replied 23 October 2010
provisions are made for stamp duty value...refer sec 50C.