https://www.taxtmi.com/article/detailed?id=12103 From assessment year 2017-18, the value adopted by a stamp valuation authority is to be treated as the full value of consideration where consideration is lower; if agreement and registration dates differ, the stamp value on the agreement date may be used provided the consideration (or part) was received by account-payee instruments or prescribed electronic mode on or before the agreement date. Prior to these provisos, capital gains arose when the transferee took possession or otherwise satisfied part-performance requirements; mere licence does not suffice. en-us Thu, 07 Dec 2023 12:16:55 +0530 Thu, 07 Dec 2023 12:16:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12103 From assessment year 2017-18, the value adopted by a stamp valuation authority is to be treated as the full value of consideration where consideration is lower; if agreement and registration dates differ, the stamp value on the agreement date may be used provided the consideration (or part) was received by account-payee instruments or prescribed electronic mode on or before the agreement date. Prior to these provisos, capital gains arose when the transferee took possession or otherwise satisfied part-performance requirements; mere licence does not suffice. Articles Income Tax Thu, 07 Dec 2023 12:16:55 +0530 https://www.taxtmi.com/article/detailed?id=12103