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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Addition made u/s 50C of the Income tax act on sale of land - ...


Section 50C of Income Tax Act: Not Applicable for Unregistered Land Sale Documents.

November 18, 2013

Case Laws     Income Tax     AT

Addition made u/s 50C of the Income tax act on sale of land - Once the documents were not registered, invocation of provisions of section 50C for adopting the same stamp value does not arise. - AT

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