Rule 48K : Value of immovable property

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Value of immovable property. 48K . The value of any immovable property for the purposes of sub-section (1) of section 269UC shall be, where the agreement for transfer prescribed under the said sub-section— (a) is entered into, on or before the 31st day of July, 1995, the apparent consideration of that property exceeding 10 lakh…

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