1. Home
  2. Question
  3. PM Q25c clause 17 ,if the consideration value is more than the value adopted by any authority of State Government then is reporting necessary ?
Questions › Category: CA-Final Tax Audit › PM Q25c clause 17 ,if the consideration value is more than the value adopted by any authority of State Government then is reporting necessary ?
0 Vote Up Vote Down
Ashmi Shettyashmi shetty asked 6 years ago
1 Answers
0 Vote Up Vote Down
RaviRavi Staff answered 6 years ago

no then reporting is not necessary only when transaction value is less than stamp value, as it shows tax avoidance and exchange of money in cash.