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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Distress sale - fraudulent registration of same property to ...


Fraudulent Property Registration: Sale Deed Value Accepted Over Stamp Value for Capital Gains u/s 50C.

April 5, 2019

Case Laws     Income Tax     AT

Distress sale - fraudulent registration of same property to another persons who has no right or title over the property - adoption of stamp value u/s 50C as sales consideration for Capital gain computation is not called for in such circumstances - Value shown in the sale deed accepted as market value.

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