sir,
I want to know how to calculate stamp duty value of land?? Is it value described on sale document?? I want to know it for calculating capital gain. what is assessed stamp duty value and assessable stamp duty value??
CA Tarannum Khatri (ca in practice) 21 October 2013
sir,
I want to know how to calculate stamp duty value of land?? Is it value described on sale document?? I want to know it for calculating capital gain. what is assessed stamp duty value and assessable stamp duty value??
adv. rajeev ( rajoo ) (practicing advocate) 21 October 2013
As per the sale consideration. If the sub registrar finds it is lower than the prescribed in their mannual, as per their mannual sub registrar will calculate the stamp duty.
shashin (tax consulatant) 22 October 2013
BUT IN GENERAL TREND PEOPLE USE STAMP PAPER AS PER STAMP DUTY BUT THE VALUE OF PROPERTY IS TAKEN LOWER..
THEN HOW TO CALCULATE