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Income Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Calculation of the fair market value (FMV) for the land sold by ...

Income Tax

November 14, 2019

Calculation of the fair market value (FMV) for the land sold by the assessee u/s.55(2)(b) - the rejection by the Revenue Authorities of the registered valuer’s report submitted by the assessee is not justifiable, rather, arbitrary, un-judicious, such action is required to be discarded.

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