The value of immovable property gifted shall be generally taken as the
A. Fair market value on the date of agreement
B. Fair market value on the date of registration
C. Stamp duty valuation on the date of agreement
D. Stamp duty valuation on the date of registration
Answer:C
The value of immovable property gifted shall be generally taken as the
A. Fair market value on the date of agreement B. Fair market value on the date of registration C. Stamp duty valuation on the date of agreement D. Stamp duty valuation on the date of registration