The basis on which stamp duty has to be paid sshould be uniform through out the Country. Every family is entitled for a house and the concessions and reliefs should be extended only on one house per family. The second house should be discouraged and no tax concessions and relifs should be extended. The tendency to make real estate market as capital market should be nipped in the bud itself.This requires an excellent data base and the Government should be able to tie up the acquistion of house with PAN number, Aadhar Card and bank account etc through IT.
Dr.T.V.Gopalakrishnan
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