Section 50C
This query is : Resolved
21 December 2009
Whether IT Section 50C is applicable on block of assets / depreciable assets
21 December 2009
Yes, for land and building it is applicable even if used for business
Murtaza I Bhagat
(Expert)
21 December 2009
agree
CA Ravi Sisodia
(Expert)
21 December 2009
yes
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