Addition u/s 69B - applicability of Section 50C - difference ...

Section 69B: No Tax on Market Value-Purchase Price Difference Without Evidence; Section 50C Inapplicable to Purchaser.

May 9, 2019

Case Laws Income Tax HC

Addition u/s 69B - applicability of Section 50C - difference between the market value assessed by the stamp authority and the purchase price as shown by the respondent assessee is not taxable as an unexplained investment u/s 69B in absence of material in the hand of purchaser - deeming fiction not applicable on purchaser

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Addition u/s 69B - applicability of Section 50C - difference ...

Section 69B: No Tax on Market Value-Purchase Price Difference Without Evidence; Section 50C Inapplicable to Purchaser.

May 9, 2019

Case Laws Income Tax HC

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