Section 50C of Income Tax Act does not apply to long-term capital gains from surrender of tenancy rights.

Section 50C of Income Tax Act does not apply to long-term capital gains from surrender of tenancy rights. https://www.taxtmi.com/highlights?id=25472 Long Term Capital Gain on surrender of tenancy right - applicability of provisions of Sec. 50C - assessee is a non-resident individual - provisions of Sec. 50C are not applicable on the transfer of tenancy right. - AT en-us Thu, 22 Oct 2015 15:42:10 +0530 Thu, 22 Oct 2015 15:42:10 +0530 TaxTMI RSS Generator Section 50C of Income Tax Act does not apply to long-term capital gains from surrender of tenancy rights. https://www.taxtmi.com/highlights?id=25472 Long Term Capital Gain on surrender of tenancy right - applicability of provisions of Sec. 50C - assessee is a non-resident individual - provisions of Sec. 50C are not applicable on the transfer of tenancy right. - AT Highlights Income Tax Thu, 22 Oct 2015 15:42:10 +0530 https://www.taxtmi.com/highlights?id=25472