The assets transferred being the shares, which was never part of ...

Asset Transfer of Shares Exempt from Section 50C Valuation Rules Due to No Direct Transfer Under Income Tax Act.

July 10, 2017

Case Laws Income Tax AT

The assets transferred being the shares, which was never part of assessment of Stamp Duty Authority of the State Government. In such circumstances that cannot be no question of invoking the provisions of the section 50C of the Act as there is no direct transfer as enumerated in Sec.50C of the Act r.w.s 2(47) of the Act.

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The assets transferred being the shares, which was never part of ...

Asset Transfer of Shares Exempt from Section 50C Valuation Rules Due to No Direct Transfer Under Income Tax Act.

July 10, 2017

Case Laws Income Tax AT

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