Taxpayers Can Object to Presumptive Fair Market Value u/ss 50C(1) and 50C(2) of the Income Tax Act.

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....Computation of capital gain - 'real' capital gains V/S presumptive capital gains - Assessee cannot be denied an opportunity to raise his objections even against the presumptive Fair Market Value u/s 50C(1) or Report of DVO u/s 50C(2)....