https://www.taxtmi.com/article/detailed?id=9508 The proviso to Section 50C is a curative amendment to be applied retrospectively, allowing the stamp authority value on the date of the agreement-where a bona fide prior agreement fixes the consideration and payment is evidenced-to be taken as deemed full value of consideration, thereby relieving assessees from hardship arising when market value increases between agreement and registration, subject to safeguards against lack of bona fides. en-us Wed, 14 Oct 2020 10:15:54 +0530 Wed, 14 Oct 2020 10:15:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9508 The proviso to Section 50C is a curative amendment to be applied retrospectively, allowing the stamp authority value on the date of the agreement-where a bona fide prior agreement fixes the consideration and payment is evidenced-to be taken as deemed full value of consideration, thereby relieving assessees from hardship arising when market value increases between agreement and registration, subject to safeguards against lack of bona fides. Articles Income Tax Wed, 14 Oct 2020 10:15:54 +0530 https://www.taxtmi.com/article/detailed?id=9508