TMI BlogValuation of leasehold landX X X X Extracts X X X X X X X X Extracts X X X X ..... Valuation of leasehold land X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 Dev ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... elopment Authority,
CA Gopal Harlalka
Jamshedpur
Reply By CASusheel Gupta:
The Reply:
Refer to rule 11UA
It shall be the value taken for assessment of stamp duty
CA Susheel Gupta
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