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Knowledge Bank / Income-tax Rules, 2026 / Rule 150
Rule 150Published

Rule 150: the value of an immovable property, being land or building or both, shall be in accordance with the

Is rule section 247(9) ke under income ka calculation kaise karna hai, iske tareeke detail kiye gaye hain. Computation errors se disputes ho sakte hain.

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  • Rule breakdown
  • Key takeaways
  • FAQs
  • Bare law

Bare law

Rule 150 - the value of an immovable property, being land or building or both, shall be in accordance with the value adopted or ass

150. (1) For the purposes of section 247(9), the fair market value of the property shall be determined in the following manner:— (a) the value of an immovable property, being land or building or both, shall be in accordance with the value adopted or assessed or assessable by any authority of the Central Government or a State Government for the purpose of payment of stamp duty in respect of such immovable property, along with the cost of construction and improvements, if any, on the date or dates

Requisition of books of account, etc. under section 248.

Rule breakdown

150. (1) For the purposes of section 247(9), the fair market value of the property shall be determined in the following manner:— (a) the value of an immovable property, being land or building or both, shall be in accordance with the value adopted or assessed or assessable by any authority of the Cen

Requisition of books of account, etc. under section 248.

Key takeaways

Legal Provision

Yeh rule section 247(9) ke under delegated legislation hai. Act ke relevant provisions ke saath iska alignment hona zaroori hai.

  • section 247(9) ke under yeh rule framed hai
  • Amendment time to time ho sakte hain

Computation Method

Income ya value ka calculation is rule ke under diye gaye formula/method se hi karna chahiye.

  • Calculation errors se disputes ho sakte hain
  • Documentation of computation rakhni chahiye
  • CA se verify karwa lein

Professional Advice

Complex provisions ko samajhne ke liye apne CA/CS se consult karein.

  • CA se help lene se mistakes kam ho jati hain
  • Accurate filing ke liye expert guidance zaroori hai

FAQs

Is rule section 247(9) ke under kaise aata hai?

Is rule Income-tax Act, 2025 ke section 247(9) ke under delegated legislation hai aur Income-tax Rules, 2026 ka part hai.

Is rule kab se applicable hoga?

Is rule 1st April, 2026 se applicable hoga. Jab tak koi amendment nahi aati, yeh current form mein valid rahegi.

Income ka calculation kaise karna hai?

Rule me section 247(9) ke under income compute karne ki specific formula ya methodology di gayi hai. Use follow karne se accurate tax liability determine hoti hai.

Kya CA se help leni chahiye?

Complex provisions ko samajhne aur accurate compliance ke liye apne CA/CS se consult karein. Professional help mistakes kam karti hai.

On this page

  • Rule breakdown
  • Key takeaways
  • FAQs
  • Bare law

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