https://www.taxtmi.com/caselaws?id=274619 The Tribunal ruled in favor of the assessee, holding that the transfer of leasehold rights did not attract the provisions of section 50C of the Income Tax Act. The decision was based on the interpretation that section 50C applied only to the transfer of land or building, not leasehold rights. en-us Wed, 05 Jul 2017 00:00:00 +0530 Sat, 25 Aug 2018 09:26:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274619 The Tribunal ruled in favor of the assessee, holding that the transfer of leasehold rights did not attract the provisions of section 50C of the Income Tax Act. The decision was based on the interpretation that section 50C applied only to the transfer of land or building, not leasehold rights. Case-Laws Income Tax Wed, 05 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274619