Section 50C

  • Income Tax

Disallowance u/s 50C can not be made by CPC by adjustment u/s 143(1)- ITAT

Disallowance u/s 50C can not be made by CPC by adjustment u/s 143(1) as it infringes statutory right of objection…

12 months ago
  • Income Tax

Section 50C not apply TO transfer of leasehold right in plot of land – ITAT

Section 50C of not apply to transfer of leasehold right in plot of land - ITAT allowed appeal following High…

3 years ago
  • Income Tax

Income Tax Relief to home buyers from deeming fiction u/s 43CA and 56(2)(x)

Income Tax Relief to home buyers from deeming fiction u/s 43CA and 56(2)(x). Difference limit between circle rate & purchase…

3 years ago
  • Income Tax

Capital gain addition u/s 50C for unauthenticated cuttings in sale deed remanded for verification from Registrar

Capital gain addition u/s 50C for unauthenticated cuttings in sale deed for amount of sale consideration remanded back for obtaining…

5 years ago
  • Income Tax

Section 50C not apply to sale of right in property-ITAT deleted addition as what was sold was not land or building

Section 50C not apply to sale of right in property-ITAT deleted addition as what was sold was right in property…

6 years ago
  • Income Tax

Section 50C was not applicable on sale of property to tenant who occupied it on a meager rent for fifty years -ITAT

Section 50C was not applicable on sale of property to tenant who occupied it on a meager rent for fifty…

6 years ago
  • Income Tax

Section 50C not applicable to cold storage building so to substitute actual sale consideration by deemed value-ITAT

Section 50C not applicable to cold storage building so to substitute actual sale consideration by deemed sale consideration and order…

6 years ago
  • Income Tax

Revision 263 for non application of section 50C. The order held erroneous and also prejudicial to the interest of Revenue – ITAT

Revision 263 for non application of section 50C. The order of the AO was held not only erroneous but also…

7 years ago
  • Income Tax

50C provisions not apply to transfer of right in partnership firm. Sale deed of property executed in favour of incoming partners by retiring partners-ITAT

50C provisions not apply to transfer of right in partnership firm. Sale deed was executed in favour of incoming partners…

7 years ago
  • Income Tax

FMV-No approach road and weaker sections society in colony. DVO directed to give 30% adjustments in calculating fair market value for disadvantnages-ITAT

FMV-No approach road and weaker sections society in colony. DVO directed to give 30% adjustments in calculating fair market value…

8 years ago