50C

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..... My client Sold Industrial Land for Rs 9.00 LAcs and the value assessee by registrar was rs 24.88 Lacs . In computing capital gain section 50c was not consider . what are the pros and cons of this defa .....

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..... ult please advise me - Reply By Surender Gupta - The Reply = Whether your case is assessed / reassessed and this transaction is noticed by the AO. If concealment of income is proved, maximum penalty .....

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..... is 300% u/s 271(1)(c) in addition to tax and interest. - Reply By DEV KUMAR KOTHARI - The Reply = In case of any further proceedings you can contend that valuation made by the Stamp Authority was exce .....

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..... ssive, actual consideration accrued has already been disclosed. The difference between valuation of stamp authority and actual consideration is not any income accrued., In any case difference can was .....

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..... a in nature of gift to which 'capital gains' does not apply. - 50C - Query Started By: - GYAN JAIN Dated:- 14-7-2010 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, r .....

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..... eply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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