Section 20 of Finance Act 2018
[Section 20 of Finance Act 2018 deals with Amendment of section 50C. and is covered in CHAPTER III DIRECT TAXES]
Amendment of section 50C.
20. In section 50C of the Income-tax Act, in sub-section (1), after the second proviso, the following proviso shall be inserted with effect from the 1st day of April, 2019, namely:—
“Provided also that where the value adopted or assessed or assessable by the stamp valuation authority does not exceed one hundred and five per cent of the consideration received or accruing as a result of the transfer, the consideration so received or accruing as a result of the transfer shall, for the purposes of section 48, be deemed to be the full value of the consideration.”.