: Although the state government conducted an assessment in 2006, the resulting rates were only put into effect in April 2008.
The 2008 jantri also found its way into income tax jurisprudence. A later judgment by the Gujarat High Court in 2015 established that for calculating capital gains tax on property, the Income-Tax department could use the value assessed by the department or the jantri rates, whichever was lower . jantri rates in gujarat 2008
[Your Name/Organization Name] Date: [Current Date] : Although the state government conducted an assessment
Additionally, conversion premiums were slashed by 50 per cent: the premium for converting new tenure agricultural land to old tenure fell from 50 per cent to 25 per cent of Jantri rates, while the premium for conversion to non-agricultural use (for housing, industry, education, and health purposes) dropped from 80 per cent to 40 per cent. whichever was lower .