Friday, February 22, 2019

Provisos to Section 50C inserted by FA 2017 Retrospectively Applicable: ITAT

The Income Tax Appellate Tribunal (ITAT) by its Pune Bench in the case of Shri Dinar Umeshkumar More, Nashik v. ITO held that provisos to Section 50C inserted by Finance Act, 2017 are retrospectively applicable. The appeal has arisen from the issue of valuation of the property which has been executed by the assessee along […]

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