Section 50C applies to the seller i.e. transferor of the capital ...

Income Tax

May 18, 2013

Section 50C applies to the seller i.e. transferor of the capital asset being land or building or both - the transferee or the purchaser is outside the scope of these provisions - AT

View Source

← Previous Next →

Section 50C applies to the seller i.e. transferor of the capital ...

Income Tax

May 18, 2013

You may also like:

Applicability of section 50C - Capital gain - Sale of right in land/contingent right - proof of transfer of capital asset - Section 50C is also applicable on lease hold...

Capital gain computation - assignment of lease rights in the shop - As sec. 50C applies only to a capital asset, being land or building or both, it cannot be made...

Transferee of the business should be eligible to claim deduction the liability taken over from the transferor for which payment was made by transferee S.40(a)

Computation of capital gain - Sec. 50C applies only to a capital asset being land or building or both, it cannot be made applicable to lease rights in a land. - AT

CENVAT credit - demerger - the transferor will be allowed to transfer the Cenvat credit lying unutilized to the transferee company - AT

Scheme of Amalgamation - directed to hold separate meetings of the Un-Secured Creditors of the Transferor Company and Secured Creditors and Un-Secured Creditors of the...

Determination of value u/s 50C - Validity of order of CIT(A) directing the AO to recalculate the capital gain on sale of land taking total value of property of Rs. 6.05...

When there is a transfer of capital asset being land together with building and where the land is held for a period of more than 36 months and the building held for less...

Application of circle rate on lease hold rights – Section 50C applies only to a capital asset, being land or building or both, it cannot be made applicable to lease...

Addition on account of capital gain - conversion of AOP/trust in company - transfer of the assets u/s 2(47) - till the time of conversion, the AOP remained in existence...

Quick Updates: