Radhey has sold his house on 11th August 2020 for ₹ 80 lakh. The value applied by Stamp Valuation Authority is 1100 lakh. He disputed this valuation and the departmental valuation cell made the valuation at ₹ 110 lakh. The value to be taken for calculation of capital gain as per Section 50C is:

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Question:Radhey has sold his house on 11th August 2020 for ₹ 80 lakh. The value applied by Stamp Valuation Authority is 1100 lakh. He disputed this valuation and the departmental valuation cell made the valuation at ₹ 110 lakh. The value to be taken for calculation of capital gain as per Section 50C is:

1.₹ 80 lakh

2.₹ 110 lakh

3.₹ 100 lakh

4. None of the above

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  1. Radhey has sold his house on 11th August 2020 for ₹ 80 lakh. The value applied by Stamp Valuation Authority is 1100 lakh. He disputed this valuation and the departmental valuation cell made the valuation at ₹ 110 lakh. The value to be taken for calculation of capital gain as per Section 50C is:
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