Stamp duty value - Definition / Legal Terminology - Income Tax

Explanation.(iii) - For the purposes of sub-section 5A of section 45 of the Income tax Act 1961, Stamp duty value means- the value adopted or assessed or assessable by any authority of the Government for the purpose of payment of stamp duty in respect of an immovable property being land or building or both. For the purposes of section 80IBA(6)(f) of the Income tax Act 1961, Stamp duty value means- the value adopted or assessed or assessable by any authority of the Central Government or a State Government for the purpose of payment of stamp duty in respect of an immovable property