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Section 50C Challenge: LTCG computation disputed due to property encumbrances affecting marketable title and unjust stamp valuation.

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Full Text of the Document

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....Computation of LTCG - applicability of Section 50C - property under sale was under various encumbrances and the assessee was not having the absolute marketable title of the said property - adoption of stamp valuation as a sale consideration u/s 50C was not justified....

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