COST UPS IPO Provident

Relevance of stamp duty value of property under income tax laws

Reading now: 758
financialexpress.com

In order to plug the loopholes in real estate transactions and to avoid litigations, the Income Tax Department benchmarks the valuation of property against its stamp duty valuation.

For levy of stamp duty on property, various state governments come out with an annual ready reckoner of rates for valuation of property.

Read more on financialexpress.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA