Applicability of the provisions of sec.50 - transaction of sale ...

Clarification on Section 50: Non-blocked assets exempt from Explanation 5 to Section 32(1) tax implications.

March 3, 2016

Case Laws Income Tax AT

Applicability of the provisions of sec.50 - transaction of sale of land and building - When an asset has not entered the block, then the question of application of Explanation 5 to sec. 32(1) shall not have application - AT

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Applicability of the provisions of sec.50 - transaction of sale ...

Clarification on Section 50: Non-blocked assets exempt from Explanation 5 to Section 32(1) tax implications.

March 3, 2016

Case Laws Income Tax AT

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