https://www.taxtmi.com/highlights?id=62659 Capital gains u/s 45 - FMV determination - admittedly, the property in question was sold by the Petitioner below the circle rate (stamp value rate) contrary to Section 50C of the Act. Consequently, this Court is of the view that the AO has the jurisdiction to examine in detail the transaction in question. - HC en-us Wed, 30 Mar 2022 17:11:29 +0530 Wed, 30 Mar 2022 17:11:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=62659 Capital gains u/s 45 - FMV determination - admittedly, the property in question was sold by the Petitioner below the circle rate (stamp value rate) contrary to Section 50C of the Act. Consequently, this Court is of the view that the AO has the jurisdiction to examine in detail the transaction in question. - HC Highlights Income Tax Wed, 30 Mar 2022 17:11:29 +0530 https://www.taxtmi.com/highlights?id=62659