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Income Tax - Highlights / Catch Notes

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Additions against Suppressed sales - huge variance in sale price ...


Assessing Officer to Apply Weighted Average Rate for Discrepancies in Flat Sale Prices, Offering Relief for Suppressed Sales.

November 25, 2023

Case Laws     Income Tax     AT

Additions against Suppressed sales - huge variance in sale price of flats - ld. AO is directed to give consequential relief by applying this weighted average rate - AT

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