Transfer of property for less than stamp duty value - Some implications

FCS Deepak Pratap Singh , Last updated: 05 January 2022 Share Follow on Google News

INCOME TAX QUESTIONS ANSWERS SERIES XXX Sections Involved: 43CA, 50C 56(2)(x) of Income Tax Act, 1961. Sale /Transfer of land or building on consideration less than Stamp Duty Value. QUESTION: Mr. Hari, a property dealer, sold a building in the course of his business to his friend,Mr. Rajesh

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About the Author

FCS Deepak Pratap Singh

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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