income tax

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  1. kumar s.

    kumar s. New Member

    what is the rule if one sells her property at an under value? the taxation will be computed on the value that she sells or the value under the state?
     
  2. ZED

    ZED Well-Known Member

    The stamp duty value will be used if you sell the property below it. But there are certain exceptions

    S.50C is the relevant provision in this regards.
     
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