Menu
capital gain
if market value of property is less than circule value and difference is more than 50k..whether section is 50 C and 43CA still will apply on sale of building at market value.
Replies (2)
As per act, the sections are applicable; but sub-section/s gives option to ITO to refer the matter to their internal Valuer for valuation of the property. If the value comes out to be genuine, ITO has to accept the report.
you can file an application u/s 55A to your concerned ITO for revaluation of your property
Recent Topics :
- Office Management System
- Can I pursue articleship alongside a regular full-
- Investment fund's income from ncd distribution to
- Comparative BS PL with Audit report
- Source of funds in IT returns
- Work from home job
- TDS ON ANY PURCHASE OF ANY GOODS - 393(1)
- TDS on payment to a non resident
- NSFA(National Food Security Act) commission
- RCM applicability on petty GTA freight (₹450
Related Topics :
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
08 September 2026
Semi-Qualified Assitant
Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
View Details
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
CCI
Pro
CAclubindia
