50C:A.O Must Refer to DVO on Objection to Stamp Valuation

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Section 50C is quite problematic provision under the Income Tax Act for any investor in land or immovable property , because at the tim eof sale , the question of capital gains relates to section 50C which in simple terms says that the value taken for stamp duty by state registration authority , shall be considered deemed…

About Prashant Thakur
The author has spent twenty years with Income Tax department and desire to service common citizen of India which include professionals like tax practioners ,CA,ICMA, CS and tax lawyers by advising them on the direct tax matters for a very affordable fee.

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