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Income Tax - Highlights / Catch Notes

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Valuation - Section 50C - D.V.O. is correct in estimating the ...

August 23, 2013

Case Laws     Income Tax     AT

Valuation - Section 50C - D.V.O. is correct in estimating the value of the plot as per the building byelaws of Agra Development Authority because that plot is having potentiality for constructing of many floors suitable for Nursing Home, Multi storey flat etc. Certainly, these are part and parcel of valuation of the plot - AT

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