https://www.taxtmi.com/highlights?id=52842 Addition of long term capital gain u/s. 50C - Provisions of section 45(3) is not a specific provision overrides the other provisions of the Act, importing a deeming fiction provided in section 50C of the Act cannot be extended to another deeming fiction created by the statute by way of section 45(3) to deal with special cases of transfer. - AT en-us Wed, 08 Apr 2020 17:58:41 +0530 Wed, 08 Apr 2020 17:58:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52842 Addition of long term capital gain u/s. 50C - Provisions of section 45(3) is not a specific provision overrides the other provisions of the Act, importing a deeming fiction provided in section 50C of the Act cannot be extended to another deeming fiction created by the statute by way of section 45(3) to deal with special cases of transfer. - AT Highlights Income Tax Wed, 08 Apr 2020 17:58:41 +0530 https://www.taxtmi.com/highlights?id=52842