TMI BlogConversion of capital asset to stock in trade - The land in question was not actually transferred and...Conversion of capital asset to stock in trade - The land in question was not actually transferred and hence no value was adopted by the Stamp Duty Authorities as the matter never went to Stamp Duty Authorities. Thus provisions of section 50C were not applicable - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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