Special Provision For Full Value Of Consideration In Certain Cases - (New) Section 78 / (Old) Section 50C

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....n-trade (covered by separate provisions). Determination of Stamp duty Value (a) the stamp duty value on the date of agreement may be taken as the full value of consideration, if-- (i) the date of the agreement fixing the consideration and the date of registration for the transfer of the capital asset are not the same; and (ii) part or full consideration is received on or before the date of the agreement in "specified banking or online mode" as defined in section 66(32); (b) if the stamp duty value does not exceed 110% of the consideration received or accruing from such transfer, such consideration shall be deemed to be the full value of the consideration for section 72. Determination of Stamp Duty Val....

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....received or accruing on transfer of a capital asset, being land or building or both is less than the value assessed or assessable by the stamp valuation authority for the purpose of payment of stamp duty, the value so assessed or assessable shall deemed to be sale consideration. • Where the date of the agreement fixing the amount of consideration and the date of registration for the transfer of the capital asset are not the same, the value adopted or assessed or assessable by the stamp valuation authority • on the date of agreement may be taken for the purposes of computing full value of consideration for such transfer. • Provided further that the first proviso shall apply only in a case where the amou....