Archive · 29 Aug 2026
ITR Reporting Requires Stamp Duty Value From Registered Sale
When you sell a flat, your tax return asks for its stamp duty value.
This is the value used by the government registration office to calculate stamp duty.
For a registered sale, you should use the value shown in the sale deed or registration records.
You do not need to calculate it yourself using the flat’s built-up area or its undivided land share.
The value may be based on the local circle rate.
It can also be higher than the circle rate.
If the sale price was lower than the government’s value, the higher government value should be reported.
The guidance concerns a flat sold in Chennai.
The stamp duty value is the value adopted, assessed or assessable by the Stamp Valuation Authority.
For a registered flat sale, the relevant value should be taken from the registered sale deed or registration records.
Sellers do not need to independently calculate the value using built-up area, UDS or circle rates.
The adopted value may be based on the circle rate or may be higher than it.
If the actual sale consideration is lower than the authority’s value, the higher stamp duty value should be reported in the ITR.
- Who
- The seller of the flat and the Stamp Valuation Authority.
- What
- The seller must report the stamp duty value of the immovable property in the income-tax return.
- When
- At the time of filing the income-tax return after the registered sale.
- Where
- For the flat sold in Chennai, using the registered sale deed or registration records.
- Why
- To report the value adopted by the authority for calculating stamp duty.
- Property
- A flat sold in Chennai
- Relevant value
- The value adopted, assessed or assessable by the Stamp Valuation Authority
- Primary source
- The registered sale deed or registration records
- Independent calculation
- Not required when the transaction has already been registered
- Circle rate
- The minimum value on which authorities accept a document for registration
- Lower sale consideration
- If the actual consideration is lower, the higher stamp duty value should be reported
- Publication date
- August 29, 2026