Start learning →

Property received free is taxable only if its stamp duty value exceeds?

ARs 25,000
BRs 50,000
CRs 2,00,000
DRs 1,00,000
Answer & Solution
Correct answer: B. Rs 50,000
Immovable property received without consideration is charged only where its stamp duty value is above fifty thousand rupees.
Practise this question with Quill — CA Inter →

Keep practising Income from Other Sources

Browse all Income from Other Sources questions for CA Inter, or explore more Taxation topics.

Start a Income from Other Sources lesson →
Related questions