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Posts tagged "purchase of agri land below stamp duty"

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Tag: purchase of agri land below stamp duty

IT Judgement

Purchase of Rural gricultural Land & taxation U/s 56(2)(x)

December 13, 2022 0 Comments
Purchase of Rural gricultural Land & taxation U/s 56(2)(x)   Section 56(2)(x) provides for notional taxation if any property or assets is purchased below its stamp duty valuation. The question which arises is whether the notional taxation provision would be applicable if ...
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