The words "adopted" or "assessed" (as also "assessable") in s. ...

Section 50C(1) Terms "Adopted," "Assessed," and "Assessable" Refer to "Value," Not "Transfer"; Assessment Deadline Critical.

August 31, 2012

Case Laws Income Tax AT

The words "adopted" or "assessed" (as also "assessable") in s. 50C(1) qualify the word "value" preceding it, and not the word "transfer" - there being no assessment by it by the end of the relevant year, i.e., 31-03-2006 cannot be accepted - AT

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The words "adopted" or "assessed" (as also "assessable") in s. ...

Section 50C(1) Terms "Adopted," "Assessed," and "Assessable" Refer to "Value," Not "Transfer"; Assessment Deadline Critical.

August 31, 2012

Case Laws Income Tax AT

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