Iska Mera answer c aa raha h bt sir ki book me correct answer b h ...plz bta do b kaise aayega ( 50 lakh*110%=55 lakh nd sdv on date of sale is also 55 lakh so sale value doesn't exceed 110%of sdv of

Nikhil · 26 Feb 2025

The SDV on the date of agreement can be considered. But in this case, the token amount is received by bearer cheque, so the exception is not applicable. Therefore, the full value of consideration is ₹55 lakh. ( Exemption is available only when token amount has been received by account payee cheque/bank draft/electronic transfer ).