tax on property

           For the purchaser of the land or building, the cost of acquisition will be the same as agreed upon and contracted between the two parties & not the value adopted by SVA. That is why it is said that property should be transferred at least at the circle rates or the value as listed by the stamp valuation authority because other wise also the stamp duty and cap gains are to be paid on such SVA value and in case property is transferred at 'lesser amount', the COA for the buyer will be that 'lesser amount' only and when tbe buyer will sell it in future, he has also to pay tax on the amount by which the SVA exceeds the 'lesser amoun'!!!!!!!!!!!