Retrospective applicability of threshold of 10% to Sections 43CA, 50C & 56(2)

In real estate transactions it was a prevalent practice to understate the actual price/consideration of the immoveable property. The transaction was recorded at a substantially lower price than the actual consideration/market price.In real estate transactions it was a prevalent practice to understate the actual price/consideration of the immoveable property. The transaction was recorded at a substantially lower price than the actual consideration/market price.taxmann.com Latest ArticlesRead More

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