Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Valuation u/s 50C is a deeming provision and it extends only to land or building or both. - Rights in the land cannot be equated to land or building or both and therefore section 50C is not applicable on transfer of such rights.
Valuation u/s 50C is a deeming provision and it extends only to land or building or both. - Rights in the land cannot be equated to land or building or both and therefore section 50C is not applicable on transfer of such rights.
Note: It is a system-generated summary and is for quick reference only.