Stamp Duty Value – Section 2(105) | Income-tax Act, 2025 vs 1961

§ 2(105) · Income-tax Act, 2025

Stamp duty value

ITA 2025 · 2(105) ★ New in 2025
Definition — Section 2(105)

Means the value adopted or assessed or assessable by any authority of the Central Government or State Government for the payment of stamp duty in respect of an immovable property, and includes the value which such authority would have adopted or assessed if the property were referred to it for stamp duty purposes.

Act Comparison
Income-tax Act, 2025
2(105)
Stamp duty value
Income-tax Act, 1961
—
No direct equivalent
Newly defined in 2025
Key Points
  • New explicit definition in the 2025 Act
  • Relevant for deemed income provisions for property transactions under the 2025 Act
  • If SDV > actual consideration by more than 10%, higher amount treated as sale consideration
💡 Practical Note

Even if you sell property below circle rate (stamp duty value), the AO can deem the stamp duty value as your sale consideration — affecting both seller's capital gain and buyer's taxable income.

Published by Simplified Tax India — Clear, section-wise comparison of Income-tax Acts. ← Back to Section 2 Definitions Table
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