## SDV Provisions for Immovable Property Held as Stock-in-Trade — Section 43CA
Applies to the transfer of land, building, or both held as stock-in-trade. It substitutes the Stamp Duty Value (SDV) for the actual consideration when the SDV is significantly higher.
### Determining revenue under PGBP
| Circumstance | Revenue under PGBP |
|---|---|
| SDV does not exceed 110% of actual consideration | Actual consideration |
| SDV exceeds 110% of actual consideration | Stamp Duty Value |
### Which date's SDV is taken?
| Circumstance | Date for SDV |
|---|---|
| Advance received from buyer on/before the date of agreement, otherwise than in cash | SDV on date of agreement |
| Advance received in cash | SDV on date of transfer (registration) |
| No advance received | SDV on date of transfer (registration) |
> Note: The assessee may request the A.O. to refer the matter to a Valuation Officer to test the reasonableness of the SDV (detailed in the Capital Gains chapter).