Applicability of Section 50C - The contention that the property ...
Court Rules Against Tax Evasion in Property Transfer Case for FY 2005-06 u/s 50C and Section 2(47)(v.
February 11, 2013
Case Laws Income Tax HC
Applicability of Section 50C - The contention that the property stood transferred in the financial year 2005-06 when the sale proceeds were received on the basis of the definition appearing from s.2(47)(v) is without any substance. - Designs to evade tax cannot be permitted. - HC
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