[aaykarbhavan] Query on sec 43CA

I have a query with regard to sec 43CA.

AN AGREEMENT WAS MADE ON 1/1/2013 OF SALE OF BUILDING OF Rs 50 LAC. Circle value was Rs 65 Lac. Rs 10 lac was given in cheque at the time of agreement. Registration is expected to be done in September 2013 wherein Circle Rate is 80 lac. 

what amount has to be considered as per sec 43CA ?

will it be Rs 50 lac or 65 lac.

had the agreement date been after april 2013 than it was Rs 65 lac no doubt. What would it be for agreement entered prior to april 2013? 

Regards

Prarthana Jalan

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