Capital gain - Addition u/s 50C - "transfer" u/s. 2(47) - ...

Understanding Capital Gains: Section 50C and Transfer Definition in Section 2(47) of Income Tax Act Explained.

December 2, 2022

Case Laws Income Tax AT

Capital gain - Addition u/s 50C - "transfer" u/s. 2(47) - Relevancy of date of sale deed - When section 2(47) of the Act specifically deals with “sale‟ under clause (i) to section 2(47) and of the “agreement to sale‟ of property under clause (v) then the assessee cannot plead of being covered under clause (ii) of section 2(47) dealing with the extinguishment of any right. - AT

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Capital gain - Addition u/s 50C - "transfer" u/s. 2(47) - ...

Understanding Capital Gains: Section 50C and Transfer Definition in Section 2(47) of Income Tax Act Explained.

December 2, 2022

Case Laws Income Tax AT

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