The Central Government has introduced, Section 50C of the Income Tax Act, 1961 to curb such practices in real estate sector and to reduce generation of black money.
source https://www.caclubindia.com/articles/transfer-of-immovable-properties-on-sale-consideration-less-than-stamp-duty-valuation-45950.asp
source https://www.caclubindia.com/articles/transfer-of-immovable-properties-on-sale-consideration-less-than-stamp-duty-valuation-45950.asp
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