NehalNehal asked 5 months ago
1 Answers
RaviRavi Staff answered 5 months ago

Consideration Received = 100

Case 1 — Stamp Act Value = 102,  100 as consideration and pay tax, that means no extra tax because of Sec 50C
Case 2 — Stamp Act Value = 108, Consider 108 as consideration and pay tax, that means extra tax because of Sec 50C is 8 
so we can conclude if difference it exceeds 5%, whole difference will become taxable because of Sec 50C

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