TMI BlogProperty Sale: DVO's Valuation Date Determines Final Consideration for Long Term Capital Gains under Income Tax Act Sec 50C(2.Reference made u/s 55A - Transaction of immovable property against the actual deed of conveyance – the value of the property estimated by DVO as on the date of sale is to be taken as the final consideration for the purpose of computation of Long Term Capital Gains u/s. 50C(2) of the Act - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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