OM BIR SINGH (business) 31 July 2018
R.Ramachandran (Advocate) 31 July 2018
1. The stamp duty value will be considered as the full consideration for the purposes of Capital Gains Tax in the hands of the Seller.
2. The difference between the Stamp duty value and the actual consideration will be treated as "INCOME FROM OTHER SOURCES" in the hands of the buyer, and income tax will be charged accordingly.
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