https://www.taxtmi.com/news?id=19571 Where taxability of immovable property transactions is determined by reference to the higher of sale consideration and stamp duty value for capital gains, business profits and other income, no upward valuation adjustment will be made if the divergence between stamp duty value and sale consideration does not exceed a prescribed small threshold of the sale consideration. en-us Mon, 05 Feb 2018 15:11:56 +0530 Mon, 05 Feb 2018 15:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19571 Where taxability of immovable property transactions is determined by reference to the higher of sale consideration and stamp duty value for capital gains, business profits and other income, no upward valuation adjustment will be made if the divergence between stamp duty value and sale consideration does not exceed a prescribed small threshold of the sale consideration. News - Mon, 05 Feb 2018 15:11:56 +0530 https://www.taxtmi.com/news?id=19571