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Income Tax - Highlights / Catch Notes

Home Highlights February 2013 Year 2013 This

Addition u/s. 50 r.w.s. 50C - Sec. 50C is applicable on sale of ...


Section 50C: Align Sale Value of Depreciable Assets with Stamp Valuation to Prevent Tax Understatement.

February 12, 2013

Case Laws     Income Tax     AT

Addition u/s. 50 r.w.s. 50C - Sec. 50C is applicable on sale of depreciable asset and hence valuation adopted by stamp valuation authority to be taken into consideration - AT

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