Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Immovable property value thresholds under section 269UC vary by transfer date and notified area. Thresholds for the value of immovable property under section 269UC depend on the date of the transfer agreement and, for agreements after 31 July 1995, on the notified area where the property is situated. For agreements entered into on or before that date, the relevant value is apparent consideration exceeding 10 lakh rupees. For later agreements, different area-wise limits apply, including higher thresholds for Greater Bombay and Delhi and lower thresholds for other notified metropolitan or urban areas.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Immovable property value thresholds under section 269UC vary by transfer date and notified area.
Thresholds for the value of immovable property under section 269UC depend on the date of the transfer agreement and, for agreements after 31 July 1995, on the notified area where the property is situated. For agreements entered into on or before that date, the relevant value is apparent consideration exceeding 10 lakh rupees. For later agreements, different area-wise limits apply, including higher thresholds for Greater Bombay and Delhi and lower thresholds for other notified metropolitan or urban areas.
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