Capital Gain Calculation: Agreement vs. Transfer Date Impact on Stamp Duty Valuation in Fiscal Years 2009-10 & 2011-12.
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....Computation of capital gain - relevant date for stamp value - agreement to sell entered during the FY 2009-10 and got registered - Actual transfer took place during FY 2011-12 - The stamp duty valuation authority would not object payment of higher stamp duty at the end of the vendees. - No addition could be made.....
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