A new section 43CA has been introduced by the Finance Act, 2013 (w.e.f. A.Y. 2014-15) which provides that in case of transfer of immovable property other than capital asset (including stock-in-trade), whereby if the consideration is less than the value adopted, assessed or assessable for the purpose of payment of stamp duty, such stamp duty value will be taken as the full value of consideration for the purpose of computing business income.

Further if there is a time gap between the date of agreement and the date of registration, the value for the purpose of the aforesaid comparison can be taken as the value assessable for stamp duty on the date of agreement, provided some part of the consideration has been paid on or before the date of agreement, otherwise than in cash.