<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Incorrect Application of Section 50C for Property Transfer as Stock in Trade Overturned; Additions Deleted.</title>
    <link>https://www.taxtmi.com/highlights?id=68938</link>
    <description>Correct head of income - transfer of property as stock in trade - Valuation - Application of provisions of section 50C - the AO and CIT(A) erred in applying provisions of section 50C of the Act and determination of full value consideration to compute short term capital gains from transfer of property. - Additions deleted - AT</description>
    <language>en-us</language>
    <pubDate>Mon, 27 Mar 2023 09:09:21 +0530</pubDate>
    <lastBuildDate>Mon, 27 Mar 2023 09:09:21 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=708752" rel="self" type="application/rss+xml"/>
    <item>
      <title>Incorrect Application of Section 50C for Property Transfer as Stock in Trade Overturned; Additions Deleted.</title>
      <link>https://www.taxtmi.com/highlights?id=68938</link>
      <description>Correct head of income - transfer of property as stock in trade - Valuation - Application of provisions of section 50C - the AO and CIT(A) erred in applying provisions of section 50C of the Act and determination of full value consideration to compute short term capital gains from transfer of property. - Additions deleted - AT</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Mon, 27 Mar 2023 09:09:21 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=68938</guid>
    </item>
  </channel>
</rss>