ORIGINAL PURCHASE VALUE OF A PROPERTY LOWER THAN THE GOVT. MARKET PRICE. IS THE DIFFERENCE AMOUNT TAXABLE? WHAT IS THE EFFECT AGAINST THE SELLER OR PURCHASER. GIVE THE SUGGESTION TO WAIVE THE TAX BOTH SIDE.
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New property purchase/ sale
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Dear bhowmik
when the purchase price is lower then govt market price then for taxes calculation govt market rate will be consider. I suggest you to put your query in expert field of the site for better alternatives available.
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