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Valuation of leasehold land, Income Tax

Issue Id: - 114556
Dated: 29-1-2019
By:- GOPAL HARLALKA

Valuation of leasehold land


  • Contents

A company own leasehold land leased by Adityapur Development Authority for 30 years,

My query is how to determine value of shares of the company for income tax purpose. Will

it be at book value or at the present value fixed by the Development Authority,

CA Gopal Harlalka

Jamshedpur

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Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 30-1-2019
By:- CASusheel Gupta

Refer to rule 11UA

It shall be the value taken for assessment of stamp duty

CA Susheel Gupta

9811004443


Page: 1

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