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of <h1>Finance Bill 2018 Amends Section 43CA: New Stamp Duty Proviso for Property Transfers Effective April 2019</h1> Clause 14 of the Finance Bill, 2018, amends section 43CA of the Income-tax Act, effective April 1, 2019. It introduces a proviso in sub-section (1), stating that if the stamp duty value does not exceed 105% of the consideration for a property transfer, the consideration received will be deemed as the full value for profit computation. Sub-section (4) is amended to specify that when agreement and registration dates differ, the stamp duty value on the agreement date can be used if payment is made via account payee cheque, bank draft, or electronic clearing. These changes apply from the 2019-2020 assessment year onward.
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