Can a property be sold below Circle Rate?

Can a property be legally sold below circle rate fixed by the authorities for properties in that area?
And can a property be legally sold above such circle rate?

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2 Replies

SHIRISH PAWAR, 7738990900 (Advocate) 05 March 2019

You can sale but income tax, gst and other taxes and stamp duty have to be paid on circle rate.

Bharatkumar (ADVOCATE ) 05 March 2019

if you sale below Circle rate then you can pay stamp duty and tax as per circle rate and if sale morethen circle rate then you can pay stamp duty and other taxes as per this rate.