Jantri Rates In Gujarat 2001 -

It helps curb "black money" transactions by setting a floor price for real estate. Historical Timeline of Revisions

Under Section 55(2)(b) of the Income Tax Act, 1961, April 1, 2001, is the base date used to determine the "cost of acquisition" for properties bought before this date. Jantri Rates In Gujarat 2001

The year 2001 is a critical landmark in Gujarat's real estate history, primarily due to the discrepancy between state property valuation (Jantri) and the central government's Income Tax benchmarks. It helps curb "black money" transactions by setting

It determines the minimum value at which a property can be registered. It determines the minimum value at which a

The Gujarat government notified April 1, 1999, as its base date for stamp duty valuation, creating a gap for those needing an official 2001 valuation for capital gains tax calculations.

Used for bank loans, surety purposes, and as a prerequisite for enrolling as a government contractor.