In Rajendra Kumar vs DCIT, ITA No.1959/Del/2017, Assessment Year: 2011-12, the Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the provisions of section 50C of the Income Tax Act, 1961 will not be applicable if the assessee is the buyer of the property and not the seller.
The rules of the Indian Bar Council prohibit law firms from advertising and soliciting work through communication in the public domain. This website is meant solely for the purpose of information and not for the purpose of advertising. GM BOSU & Associates does not intend to solicit clients through this website. We do not take responsibility for decisions taken by the reader based solely on the information provided in the website. By clicking on 'ENTER', the visitor acknowledges that the information provided in the website (a) does not amount to advertising or solicitation and (b) is meant only for his/her understanding about our activities and who we are.
EnterCancel
