Surrender of leasehold rights – Provisions of Section 50 C will ...
Section 50C of the Income Tax Act Excludes Transfer or Surrender of Tenancy Rights from Consideration Provisions.
March 4, 2012
Case Laws Income Tax AT
Surrender of leasehold rights – Provisions of Section 50 C will apply on receipt of consideration on transfer of a property, being land or building or both, and not in case of transfer or surrender of tenancy rights. - AT
View Source