ThynkTax /Tax Reference /IT Act 2025 /§113 · was § 50C

Full value of consideration for immovable property

Section 113, Income Tax Act 2025·Effective 1 April 2026·Live · API confirms § 113

Where the stamp duty value of immovable property exceeds the actual sale consideration by more than 10%, the stamp duty value is taken as the full value of consideration for capital gains computation.

Key provisions

  • Where the stamp duty value of immovable property exceeds the actual sale consideration by more than 10%, the stamp duty value is taken as the full value of consideration for capital gains computation.

Use via API

GET/v1/tax-law/sections/by-2025-ref/113
Programmatic access - free, no signup required. ISR-cached for 24 hours.
REQUEST · cURL
curl https://api.thynktax.com/v1/tax-law/sections/by-2025-ref/113
RESPONSE · 200 OK
{
  "act_2025_ref": "113",
  "old_reference": "Section 50C, Income Tax Act 1961",
  "title": "Full value of consideration for immovable property",
  "category": "Section",
  "limit_or_rate": "-",
  "applicable_to": "-",
  "effective_from": "2026-04-01"
}