Income Tax Questions & Answers Series Part II: Section 50C

FCS Deepak Pratap Singh , Last updated: 07 October 2021  
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Sub: Provisions of Section 50C of the Income Tax Act, 1961 Dear Friends, Today we are going to consider a problem based on provisions of Section 50C of the Income Tax Act, 1961. PROBLEM: Mr. X intends to sell a piece of urban residential plot (belt for 48 months) to Mr. Y for a consideratio

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Published by

FCS Deepak Pratap Singh
(Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.))
Category Income Tax   Report

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