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



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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About the Author

Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.)

Dear Friends, MyselfFCSDeepak P. Singh ( B.Sc.. LLB, FCS. FIII, CIAFP, CRMP, ID) , A Fellow Member of ICSI, Law Graduate ,Fellow Member of Insurance Institute of India, Certified Independent Director ,Certified Insurance Anti Fraud Professional , Certified Risk Governance Professional ( ICSI-III) and cleared Limited I ... Read more


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