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of <h1>Stamp duty value treated as capital gains value for low declared consideration; safe-harbour, payment modes per s.66(32)</h1> For transfers of land or buildings where declared consideration is below stamp duty value, both the Bill and the Act deem the stamp duty value as the full value for capital gains subject to conditions: a date-of-agreement stamp value may apply if agreement and registration dates differ and payment (part/full) was made by prescribed banking/online modes; a safe-harbour lets actual consideration prevail if stamp duty value =110% of consideration; and the Assessing Officer may refer valuation to a Valuation Officer if the assessee contests fair market value, with stamp duty value prevailing if the VO's value exceeds it. The Act cross-references payment modes in s.66(32) and omits the Bill's 'assessable' definition.
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