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Stamp Duty Value
is stamp duty value in sec56(2)(x) the bigger value on which stamp duty is calculated ?
Replies (3)
Yes if stamp duty value is more by 5% of agreement value, it is permissible. If the stamp value is more than 5% then difference between agreement value and stamp value will be included as income under 56(2)(x) ---- in the return of buyer and seller both
So there is difference b/w stamp duty and stamp duty value?
Stamp duty is calculated on stamp office value.
Stamp duty value is stamp office value.
Stamp duty value is stamp office value.
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