Application of circle rate on lease hold rights – Section 50C ...

High Court Rules Section 50C of Income Tax Act Applies Only to Capital Assets, Not Leasehold Rights in Land.

February 23, 2014

Case Laws Income Tax HC

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 rights in a land - HC

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Application of circle rate on lease hold rights – Section 50C ...

High Court Rules Section 50C of Income Tax Act Applies Only to Capital Assets, Not Leasehold Rights in Land.

February 23, 2014

Case Laws Income Tax HC

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