Sold property for Rs 94 lakh despite a stamp value of Rs 1.93 crore, received an income tax notice under Section 50C; ITAT Chennai grants relief for this reason
· economictimes.indiatimes.com
Chennai man sold Rs 1.93 crore worth property for Rs 94 lakh; took money in bank a/c; tax dept sent Section 50C notice to tax the differential amount of Rs 99 lakh; he wins case in ITAT Chennai; Know how
Before you continue reading How financially free are you? Most people overestimate their financial freedom. Discover your Financial Freedom score through a quic...