Section 50C - Special Provision For Full Value Of Consideration In Certain Cases

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..... ding or both is less than the value assessed or assessable by the stamp valuation authority for the purpose of payment of stamp duty, the value so assessed or assessable shall deemed to be sale consideration . Where the date of the agreement fixing the amount of consideration and the date of registration for the transfer of the capital asset are not the same, the value adopted or assessed or asses .....

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..... terface For Money) Aadhar Pay Where the assessee claims that the value so assessed or assessable exceeds the FMV of the property and the value so assessed or assessable has not been disputed in any appeal or revision before any authority/ court, the A.O may refer the valuation of the capital asset to a valuation officer. Where value ascertained by Valuation Officer. Exceeds the stamp duty value : .....

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..... ll. Section 50C provides for deeming the value for stamp duty purposes as full value of consideration is applicable only for capital assets and not for business assets. Section 50C is not applicable for slump sale. - Manuals - Ready reckoner - Law and practice - Reference Guide - Quick Commentary Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - .....

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