Land is sold for Rs 100 lakhs. Stamp duty value was Rs 109 lakhs on the agreement date and Rs 112 lakhs on the registration date. Part of the consideration was received by RTGS before the date of agreement. The full value of consideration under section 50C is:

1. Because part of the consideration was received through a prescribed electronic mode (RTGS) on or before the agreement date, section 50C permits the agreement-date stamp duty value to be used: Rs 109 lakhs. 2. Apply the tolerance test to that SDV: 110% of the consideration of Rs 100 lakhs = Rs 110 lakhs. 3. Rs 109 lakhs does not exceed Rs 110 lakhs, so the deeming fails and the actual consideration of Rs 100 lakhs stands as full value of consideration. 4. Option C would apply only if no qualifying pre-agreement payment existed (registration-date SDV 112 > 110% tolerance); option B adopts the SDV even though it is inside the tolerance band. _Source: ICAI CA Inter P3(A) Income-tax SM (May 2026), Ch 3 Unit 4 Capital Gains, PDF p. 63_