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Question ID : 20175

STAMP VALUE OF UNREGISTERED FLAT

Long term capital gains on sale of residential flat before final registry requires to consider Sale proceeds being the higher of sale consideration and Value of Property as per Stamp value authority. The question is how the same would be arrived if property doesnt move before said authority and prior sale is done to third person at an agreed price? At the same time no such valuation is available for similar kind of property at same location.

Posted by SURAJ KUMAR CHOUDHURY on Sep 21, 2017

Filed Under Capital Gains