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Income Tax - Highlights / Catch Notes

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Capital gain computation - reference made u/s 55A - value of ...


Valuation of Property for Capital Gains Assessed Under Pre-Amended Section 55A(a) Using Fair Market Value Criteria.

June 19, 2020

Case Laws     Income Tax     AT

Capital gain computation - reference made u/s 55A - value of immovable property determined by the District Valuation Officer - pre-amended section 55A(a) is applicable to the assessee wherein the terminology used is “is less than its fair market value”

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