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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Application of section 50C and 43CA of the Income Tax Act - ...


Income Tax Act: Actual Sale Value Takes Precedence Over Stamp Duty for 2009-2010 u/s 43CA.

August 21, 2013

Case Laws     Income Tax     AT

Application of section 50C and 43CA of the Income Tax Act - stamp duty valuation – the provisions of section 43CA cannot apply to substitute the actual sale consideration with the stamp value in the previous year relevant to assessment year 2009-2010 under consideration - AT

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