Addition u/s 43CA on account of suppression of sales - ...

Section 43CA Addition Inapplicable: No Transfer of Land or Building, Only Rights in Construction Transferred. No Addition Warranted.

July 17, 2019

Case Laws Income Tax AT

Addition u/s 43CA on account of suppression of sales - difference between agreement value and stamp duty value - section 43CA are applicable only when there is transfer of land or building or both - what the assessee had transferred pursuant to registration of the agreement was only the rights in the flat/office (which is under construction) and not the property per se - no addition

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Addition u/s 43CA on account of suppression of sales - ...

Section 43CA Addition Inapplicable: No Transfer of Land or Building, Only Rights in Construction Transferred. No Addition Warranted.

July 17, 2019

Case Laws Income Tax AT

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