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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Capital Gain – AO determine deemed consideration in respect of ...


Deemed Land Transfer Value Set by Assessing Officer u/s 50C; Non-Refundable Deposit Addition Found Unjustifiable.

September 20, 2012

Case Laws     Income Tax     AT

Capital Gain – AO determine deemed consideration in respect of transfer of land as per sec. 50C. - Therefore addition on account of non-refundable deposit is not justifiable - AT

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