Addition on account of Short term capital gain u/s 50C - sale of ...
Tribunal Rules Section 50C Inapplicable for Sale of Reservation Letter; Not Land or Building, Says Assessee.
February 14, 2017
Case Laws Income Tax AT
Addition on account of Short term capital gain u/s 50C - sale of Reservation Letter (Arakshan Patra) - assessee's case capital assets are neither land nor building. - the provisions of Section 50C are not applicable on the assessee - AT
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