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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Even the provision of Section 50C r.w.s. 69 and 69B, i.e. the ...

Case Laws     Income Tax

February 3, 2017

Even the provision of Section 50C r.w.s. 69 and 69B, i.e. the special provision for full value of consideration in certain cases creates a legal friction for taxing capital gains in the hands of seller and it cannot be extended for taxing difference between apparent consideration and valuation done by stamp valuation authorities as undisclosed investment - AT

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