https://www.taxtmi.com/highlights?id=50264 Nature of compensation received - termination of long term lease of 99 years -Provisions of Section 50C of the Act have no application. It is settled proposition of law that there cannot be any presumption of receipt of consideration over and above apparent consideration stated in registered sale deed. What is apparent should be believed to be real in the absence of any material to contrary on record en-us Mon, 18 Nov 2019 09:04:30 +0530 Mon, 18 Nov 2019 09:04:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50264 Nature of compensation received - termination of long term lease of 99 years -Provisions of Section 50C of the Act have no application. It is settled proposition of law that there cannot be any presumption of receipt of consideration over and above apparent consideration stated in registered sale deed. What is apparent should be believed to be real in the absence of any material to contrary on record Highlights Income Tax Mon, 18 Nov 2019 09:04:30 +0530 https://www.taxtmi.com/highlights?id=50264