TMI BlogDiscrepancy in Sale Value vs. Stamp Duty Circle Rate: Refer to DVO u/s 56(2)(vii) and 50C(2.Addition u/s. 69 - difference in the actual sale value and circle rate for stamp duty purposes - Once the assessee makes a request for reference to DVO, it is necessary to refer the matter to DVO as per 3rd proviso to sec.56 (2) (vii) r/w sec.5OC (2). - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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