Stamp duty value definitions govern property valuation under capital gains and housing project incentive provisions. "Stamp duty value" means the value adopted, assessed or assessable for payment of stamp duty in respect of immovable property. For section 45(5A), the ... Summary
Stamp duty value definitions govern property valuation under capital gains and housing project incentive provisions.
"Stamp duty value" means the value adopted, assessed or assessable for payment of stamp duty in respect of immovable property. For section 45(5A), the relevant value is determined by any Government authority in relation to land, building or both. For section 80-IBA(6)(f), the value is determined by an authority of the Central Government or a State Government.
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