Addition u/s 50C -sale at lower price - substitution of stamp ...

Income Tax

July 12, 2019

Addition u/s 50C -sale at lower price - substitution of stamp duty value as deemed sale consideration - the assessee has demonstrated the encroachment by illegal occupiers with reference to electricity bills in the name of the illegal occupiers and substantial payment to various such occupiers by the purchaser in the subsequent years which was disputed by the Revenue - will be reduced for computation of capital gains

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Addition u/s 50C -sale at lower price - substitution of stamp ...

Income Tax

July 12, 2019

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