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

FCS Deepak Pratap Singh , Last updated: 05 January 2022  
  Share


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

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Published by

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

  42534 Views

Comments


Related Articles


Loading


Popular Articles




CCI Pro
Follow us

CCI Articles

submit article