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Income Tax - Highlights / Catch Notes

Home Highlights February 2021 Year 2021 This

Loss arising from sale of subject land - Section 50C ...

Income Tax

February 15, 2021

Loss arising from sale of subject land - Section 50C applicability - the assessee had certain rights under the agreement - from the clear plain and unambiguous language employed in Section 50C, it is evident that the same does not apply to a case of rights in land. - HC

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