Given the daily volume of questions that we get on Guidance Value and its calculation, here are some tips to help you understand it and also do an approximate calculation. However, the rates or the calculation used here is illustrative and it is always advisable to check with your jurisdictional Sub-Registrar Office (SRO) to ascertain …
Currently, if a buyer purchases a property for a price below the applicable stamp duty value and the difference between the price that has been paid and the stamp duty value is more than Rs 50,000, then such a difference is assumed to be the income of the buyer. Mumbai: Property buyers may have much …
Bought flat below stamp duty value? You may escape tax on differential Read More »
Apart from the price of the property there are a number of other costs involved while purchasing real estate. Stamp duty and registration are two such costs that can make a big difference to your budget. 1. What is Stamp Duty? Stamp duty is a form of tax levied on documents or transactions. Stamp duty …
A Guide To Stamp Duty And Registration Fees For Sale Deeds Read More »
