Section 50c clarification

If a assessee sales a property less than the govt value. On which value the assessee have to pay the capital gain
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Quick Summary
This discussion clarifies Section 50C of the Income Tax Act regarding capital gains on property sales. If a property is sold for less than its government or stamp duty valuation, the capital gains tax will be calculated based on the stamp duty valuation, provided the difference between the sale price and the stamp duty value exceeds 5%.

If the stamp duty valuation is more than 105% of actual sale consideration, then sale consideration is to be taken as stamp duty valuation
Stamp duty valuation as per Shivani kudtarkar says
Value adopted by stamp valuation authority will be considered
If the difference between the selling price and Stamp duty value exceed 5% then SDV has to be taken for calculating capital gain

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