Reassessment valid as issue of deemed sale consideration as per Sec. 50C wasn’t considered during original assessment

Recent Posts

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• VTPA Representation for Extension of Due Date for Filing of Income Tax Returns for A.Y. 2025–26
• VTPA Representation for extending the period of renewal for registration from 5 years to 10 years for the charitable trust who are required to apply for registration by 30th Sept 2025
• Demonetisation Cash Deposits to be Taxed as Business Income, Not Unexplained u/s 69A
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• Request for Extension of Due Date for Filing of Income Tax Returns for A.Y. 2025-26
• Intermediary Services to Finally Join the Export Club (Omission of Section 13(8) of IGST Act)
• Redevelopment: Can a Builder’s Delay Cost You Your Capital Gains Exemption?