Mr. A purchased a property from a bank under auction at value of Rs. 50 lakhs but stamp duty paid on stamp value of Rs.1.5 crore.
the difference amount will be added to income?
I think case needs to be seperatly assessed with refrence to valuation officer
I think in all cases, case will be through valuation officer
O P Bagla & Co LLP
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New Delhi
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Ahmedabad
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