Rule 48-I: Rate of interest for determination of discounted value of consideration

The Income-tax Rules, 1962Central Act · 1962

PART XC

PURCHASE OF IMMOVABLE PROPERTIES UNDER CHAPTER XXC

Rate of interest for determination of discounted value of consideration.

The rate of interest for determination of the discounted value of consideration under sub-clause (1) or sub-clause (2) of clause (b) of section 269UA shall be eight per cent per annum.

Where this provision sits

Act	The Income-tax Rules, 1962
Rule	48-I
Marginal note	Rate of interest for determination of discounted value of consideration
Jurisdiction	Central
Status	In force as published by the source

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