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Income Tax - Highlights / Catch Notes

Home Highlights October 2019 Year 2019 This

Capital gain computation - Addition u/s 50C - Increase in Circle ...

Income Tax

October 10, 2019

Capital gain computation - Addition u/s 50C - Increase in Circle Rate between the date of agreement and actual date of registration - AO is directed to adopt full value consideration as DLC rate on the date of agreement and if sale consideration shown in the sale deed is more than DLC Rate of the property then no addition u/s 50C.

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