Production of a certificate under section 230A of the Income-tax Act, 1961.

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....tration of conveyance of individual ownership flats valued at less than Rs. 50,000 each owned by a person in a multistoried building, in as much as the total value of the property in the ownership of the vendor consisting of all the flats taken together would exceed Rs. 50,000 , though the value of the interest of the property transferred by each deed is below Rs. 50,000. A point has also been rai....

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....lat which should be taken into account and not the value of the whole property consisting of all the flats together. For this purpose, the extent of the ownership of the transferor, the fact whether it is a separate unit assessed to municipal taxes and whether it is a separate identifiable unit would be relevant. The position would not change if a person owns even two or three flats in the buildin....