Section 50C Income Tax : Study Material
Section 50C Income Tax was. Inserted by the Finance Act, 2002, w.e.f. 1-4-2003 and deals with Special provision for full value of consideration in certain cases.
Here is the free Study Material on Section 50C of Income tax act
FMV u/s 50C can be used only after hearing objections of the Assessee : HC
Section 50C of Income Tax can be invoked only if sale has taken place during the year : ITAT
Proviso to section 50C by Finance Act 2016 w.e.f 1-4-2017 has retrospective effect
Section 20 of Finance Act 2018 : Amendment of section 50C Income Tax Act
Pay Income Tax if Land Purchased below Stamp Duty : ITAT
Proviso to section 50C by Finance Act 2016 w.e.f 1-4-2017 has retrospective effect