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Income Tax - Highlights / Catch Notes

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Computation of LTCG - adoption of value u/s 50C - there is no ...

Income Tax

September 28, 2019

Computation of LTCG - adoption of value u/s 50C - there is no value fixed by the Stamp Valuation Authority as there was no sale deed. -as the properties at Chowbaga (West) are located adjacent to each other, the value fixed by the DVO for plot no. 2, may be taken as the value of plot no. 3 for the purpose of Section 50C

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