Applicability of section 56(2)(vii)(b)
This query is : Resolved
27 December 2013
sir as per finance act 2013 if any immovable property is purchase less than stamp duty value than difference will be consider as income from other sources this provision is effective w.e.f 1.4.2014 I want to know only this that this 1.4.2014 is what whether financial year or assessment year
28 December 2013
it applies for the assessment year 2014-15.
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