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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Valuation of property u/s 50C(2) - The value adopted by stamp ...


Stamp Duty Valuation Alone Insufficient for Property Value Under Income Tax Act Section 50C(2) Without Additional Justification.

February 21, 2014

Case Laws     Income Tax     AT

Valuation of property u/s 50C(2) - The value adopted by stamp duty authority does not ipso facto become the real consideration or deemed consideration in the absence of any other cogent reason - AT

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