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Income Tax - Highlights / Catch Notes

Home Highlights December 2022 Year 2022 This

Addition made u/s.50C in respect of transfer of leasehold rights ...

Income Tax

December 31, 2022

Addition made u/s.50C in respect of transfer of leasehold rights in land and building - When there is no provision in the Act to substitute Full value of consideration for computing Capital gain during the relevant point of time, then there is no scope for the AO to modify the full value of consideration without bringing any material on record which would compel such modification. - AT

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