Updated Online video classes available for CA,CS,CMA for May20 and Nov20 batch. Call: 1800-3000-0505

Section 50c

Mahesh Reddy K (Bangalore)     02 March 2013

Mahesh Reddy K
 65 points

| My Other Post


An assessee sold a property having Government Value of  Rs.20 lacs at Rs.15 lacs.
What are the legal complications or the adverse effect of this??
Can the assesse argue that Fair Market Value is lesser than the Government Value?

Are there any case laws??

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Popular Discussion

view more »