https://www.taxtmi.com/acts?id=17930 Section 43CA deems the stamp duty value adopted or assessable by a State authority for land or building transfers to be the full value of consideration for computing business income when actual consideration is lower; an override proviso allows actual consideration to prevail if it exceeds a prescribed tolerance, with a higher tolerance for certain residential unit transfers subject to first-allotment and consideration conditions. Provisions of section 50C apply for value determination; where agreement and registration dates differ, the stamp duty value on the agreement date may be used if consideration was received by prescribed non-cash modes on or before that date. "Residential unit" is defined within the section. en-us Sun, 19 May 2013 14:35:01 +0530 Wed, 27 Aug 2025 17:06:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17930 Section 43CA deems the stamp duty value adopted or assessable by a State authority for land or building transfers to be the full value of consideration for computing business income when actual consideration is lower; an override proviso allows actual consideration to prevail if it exceeds a prescribed tolerance, with a higher tolerance for certain residential unit transfers subject to first-allotment and consideration conditions. Provisions of section 50C apply for value determination; where agreement and registration dates differ, the stamp duty value on the agreement date may be used if consideration was received by prescribed non-cash modes on or before that date. "Residential unit" is defined within the section. Act-Rules Income Tax Sun, 19 May 2013 14:35:01 +0530 https://www.taxtmi.com/acts?id=17930