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Income Tax - Highlights / Catch Notes

Home Highlights March 2013 Year 2013 This

Difference in sale consideration in books of buyer and seller - ...


Tax Anomaly: Discrepancy in Sale Consideration Between Buyer and Seller Books Affects Transaction Treatment.

March 14, 2013

Case Laws     Income Tax     HC

Difference in sale consideration in books of buyer and seller - it would be an anomaly if in the case of purchaser the sale consideration of Rs.6,48,000/- is accepted and it is not accepted in the case of the seller. - HC

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