Home > Income Tax Act 2025 > Section-53Last Updated: Feb 21st 2025
Section-53 provides for full value of consideration for transfer of assets other than capital assets in certain cases and for adoption of stamp duty value as full value of consideration at the time of transfer of assets (other than capital assets) in specific cases. Learn to understand the section-53 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.