Question ID :
42177
255279
What was the recourse under Income Tax Law that left to the Assessee, who is seller of the Land, when Stamp Duty Value is much higher than Actual Market Value of the Land ?
Posted by
RYALI VAMSI KRISHNA
on
Nov 24, 2021
Filed Under
DIRECT TAXES
Answer ID :
81382
Pay the tax on the difference as other income in the year of registration.
Posted by
SURAJ KUMAR CHOUDHARY on
Dec 07, 2021