TMI BlogSection 50cX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, Kindly resolve my query, I sold my house at a value lesser than a value adopted for the purpose of stamp duty and in that particular case. Valuation for stamp duty -10,000 my transa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ction value(Actual sale value) - 8,000 And my assessing officer is demanding tax on differential amount i.e. 2,000 while applying section 50c Is there any kind of remedy availabe because i sold my ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... property actually at 8000 . - Reply By MARIAPPAN GOVINDARAJAN - The Reply = The demand of tax on differential amount is correct. No remedy is available. - Section 50c - Query Started By: - varun ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arora Dated:- 24-11-2015 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanage ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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