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of <h1>Finance Act 2018 amends Section 43CA: Stamp duty value up to 105% accepted; mandates non-cash transaction methods.</h1> Section 43CA of the Income-tax Act was amended by the Finance Act, 2018, effective April 1, 2019. A proviso was added to sub-section (1), stating that if the stamp duty value does not exceed 105% of the consideration received from a transfer, the full consideration will be deemed for profit computation. Sub-section (4) was revised to specify that transactions must be conducted via account payee cheque, account payee bank draft, or electronic clearing system through a bank account, replacing the previous wording 'by any mode other than cash.'
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