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What happens if the consideration for the transfer of a property is less than the stamp duty value?
  • a)
    The consideration is deemed as full value of consideration.
  • b)
    The stamp duty value is disregarded for taxation.
  • c)
    The property cannot be transferred.
  • d)
    The consideration is deemed as zero.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
What happens if the consideration for the transfer of a property is le...
If the consideration for the transfer of a property is less than the stamp duty value, the stamp duty value is deemed to be the full value of consideration for the purpose of computing income under the head "Income from House Property."
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What happens if the consideration for the transfer of a property is less than the stamp duty value?a)The consideration is deemed as full value of consideration.b)The stamp duty value is disregarded for taxation.c)The property cannot be transferred.d)The consideration is deemed as zero.Correct answer is option 'A'. Can you explain this answer?
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What happens if the consideration for the transfer of a property is less than the stamp duty value?a)The consideration is deemed as full value of consideration.b)The stamp duty value is disregarded for taxation.c)The property cannot be transferred.d)The consideration is deemed as zero.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What happens if the consideration for the transfer of a property is less than the stamp duty value?a)The consideration is deemed as full value of consideration.b)The stamp duty value is disregarded for taxation.c)The property cannot be transferred.d)The consideration is deemed as zero.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What happens if the consideration for the transfer of a property is less than the stamp duty value?a)The consideration is deemed as full value of consideration.b)The stamp duty value is disregarded for taxation.c)The property cannot be transferred.d)The consideration is deemed as zero.Correct answer is option 'A'. Can you explain this answer?.
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