ITO vs. Raj Kumar Parashar (ITAT Jaipur)
S. 50C/ 54F: If the assessee has invested the entire sale consideration in new house property, the capital gains are exempt u/s 54F. The AO cannot apply s. 50C and treat the stamp ...
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Posts tagged "50C"
Transfer of shares of a company owning land – Stamp duty valuation not relevant
share transfer
ACIT v. Santosh Kumar Garg
Decision: In assessee's favour
Capital gains--Applicability of section 50C-- Transfer of property through transfer of shares in the company
Facts:
Search was conduct on assessee and during the course of the search, a "share purchase agreement" is to be ...
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