Disallowance u/s 50C can not be made by CPC by adjustment u/s 143(1) as it infringes statutory right of objection…
Section 50C of not apply to transfer of leasehold right in plot of land - ITAT allowed appeal following High…
Addition u/s 56(2)(ii) deleted as Law cannot operate in vaccum de-horse ground realities though deeming section not requires any incriminating…
Section 50C can be applied after claiming exemption u/s 54EC of the Income Tax Act. Any other interpretation would render the provisions redundant…
Market value of property with encroachment would always be lower - ITAT directs adoption of valuation u/s 50C prevalent on…
Capital gain addition u/s 50C for unauthenticated cuttings in sale deed for amount of sale consideration remanded back for obtaining…
Section 50C not applicable to sale of property through Power of Attorney. Provisions at best could be invoked only in…
Section 50C not apply to sale of right in property-ITAT deleted addition as what was sold was right in property…
Section 50C not applicable to cold storage building so to substitute actual sale consideration by deemed sale consideration and order…
Revision 263 for non application of section 50C. The order of the AO was held not only erroneous but also…