SECTION 50 C

SECTION 43CA

Special provision for full value of consideration in certain cases

Special provision for full value of consideration for transfer of assets other than capital assets in certain cases

Consideration received or accruing as a result of the transfer of a capital asset, being land or building or both

Consideration received or accruing as a result of the transfer of an asset (other than a capital asset), being land or building or both

Consideration less than stamp valuation, FVC deemed to be valuation by stamp valuation authority for the purposes of section 48

Consideration less than stamp valuation, FVC be deemed to be valuation by stamp valuation authority for the purposes of computing profits and gains from transfer of such asset,

The value assessed by the stamp valuation authority does not exceed 100 and 10% of the consideration received or accruing as a result of the transfer, the consideration so received or accruing as a result of the transfer shall, for the purposes of section 48, be deemed to be the full value of the consideration.

The value assessed by the stamp valuation authority does not exceed 100 and 10% of the consideration received or accruing as a result of the transfer, the consideration so received or accruing as a result of the transfer shall, for the purposes of computing profits and gains from transfer of such asset, be deemed to be the full value of the consideration.

No such provision

Transfer of a residential unit:

"100 and 10%", is substituted by "100 and 20%", if following conditions are satisfied

Transfer takes place between 12-11-20 and 30-6-21

Transfer is by way of first-time allotment of the residential unit to any person

Consideration < 2>

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:

SAME as SECTION 50C