Capital Gains - Even if it is assumed that transfer of shares of ...
No extra tax on share transfer as land unless proven extra payment, per Section 50C.
October 5, 2017
Case Laws Income Tax AT
Capital Gains - Even if it is assumed that transfer of shares of the said company amounted to transfer of plot of land, in the absence of any evidence of extra amount having been exchanged, no addition can be made by invoking section 50C
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