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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Valuation u/s 50C - AO is to recompute the gain after reducing ...


AO Must Recompute Capital Gain u/s 50C, Using DVO Valuation Minus 20% or Actual Sale Consideration.

February 18, 2014

Case Laws     Income Tax     AT

Valuation u/s 50C - AO is to recompute the gain after reducing the valuation arrived at by the DVO by 20 % or the actual sale consideration received by assessee, whichever is higher - AT

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