Section 50C of the Income Tax Act doesn't apply to the sale of development rights, backed by case laws. https://www.taxtmi.com/highlights?id=17454 Applicability of Section 50C of the Act - sale of development rights are not subject to section 50C i.e stamp valuation - AT en-us Wed, 26 Feb 2014 09:19:56 +0530 Wed, 26 Feb 2014 09:19:56 +0530 TaxTMI RSS Generator Section 50C of the Income Tax Act doesn't apply to the sale of development rights, backed by case laws. https://www.taxtmi.com/highlights?id=17454 Applicability of Section 50C of the Act - sale of development rights are not subject to section 50C i.e stamp valuation - AT Highlights Income Tax Wed, 26 Feb 2014 09:19:56 +0530 https://www.taxtmi.com/highlights?id=17454