Valuation u/s 50C is a deeming provision and it extends only to ...

Section 50C of Income Tax Act: Valuation Applies Only to Land and Buildings, Not Rights in Land.

July 7, 2016

Case Laws Income Tax AT

Valuation u/s 50C is a deeming provision and it extends only to land or building or both. - Rights in the land cannot be equated to land or building or both and therefore section 50C is not applicable on transfer of such rights.

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Valuation u/s 50C is a deeming provision and it extends only to ...

Section 50C of Income Tax Act: Valuation Applies Only to Land and Buildings, Not Rights in Land.

July 7, 2016

Case Laws Income Tax AT

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