Explore tweets tagged as #section50c
@CredenceSol
Credence Corporate Solutions Private Limited
2 months
ITAT allows boundary wall & land-filling costs in LTCG. #ITAT #IncomeTax #LTCG #TaxAppeal #Section50C #TaxRuling
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@rbmco_fc
R B Mathur and Company Financial Consultants
5 years
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@CredenceSol
Credence Corporate Solutions Private Limited
7 months
Delhi HC: No 50C Addition if Sale Deal Precedes Circle Rate Hike #Section50C #TaxRelief #DelhiHC #IncomeTax #CircleRate #ITJudgment #CapitalGains
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@TAX_MASWARA
TAX-MASWARA
9 days
Property Circle Rate se kam par bechi? ❌ 99% Log Ye Galti Karte Hain! (Sec 50C & 56(2)(x)) #TaxMaswara #IncomeTax #RealEstate #Section50C #PropertyTax #TaxPlanning #RealEstateIndia #CircleRate #CapitalGains #TaxTips
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@RPRealtyPlus
Realty+
5 years
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@oecoadvisura
Oecoadvisura
3 months
🏡 Section 50C Alert! If property sale value < Stamp Duty Value (SDV), SDV is treated as sale price for capital gains. ✅ No adjustment if SDV ≤ 110% of sale value. 📞 +91-9718000274 🌐 https://t.co/QWGoUysVf3 #Section50C #TaxTips #IncomeTaxIndia #CapitalGains #RealEstateTax
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@PerarRavindra
Ravindra Poojary
8 months
📌Section 50C: If the stamp duty value of a property is ₹30 lakh or more, even if the actual sale consideration is less, the transaction becomes reportable to the IT Dept. ➡️ ₹10L+ actual consideration or ➡️ ₹30L+ stamp value triggers reporting. #Section50C #ITAct (5/5)
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@casruparel
Shirish Ruparel
6 months
If the sale is clean, the burden is on the Department. Not the seller. Let’s not mistake paranoia for policy. Selling below circle rate is not tax evasion. It’s legal, provided if you’ve got your paperwork right. #IncomeTax #CircleRate #DelhiHighCourt #Section50C #RealEstateLaw
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@taxtmi
Tax Management India
2 years
Capital Gain calculation: Amendment to Section 50C applies retrospectively. Stamp duty value on agreement date considered for computation.: The Appellate Tribunal addressed the issue of the… https://t.co/WTpxylXODk #CapitalGain #Section50C #RetrospectiveApplication #TaxLaw
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@taxtmi
Tax Management India
1 year
Reopening invalid; mere discrepancy in computation method legal interpretation isn't 'information'. Lack of reason to believe income escaped assessment. Sec 50C inapplicable on stock-in-trade… https://t.co/Jgw3YQ9s92 #taxlaw #incometax #reassessment #section50C #appealallowed
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@tax_scan
Tax Scan
6 years
Right to Receive Compensation on Acquisition and TDR Rights are not Immovable Assets, Section 50C can’t be invoked: ITAT #CompensationonAcquisition #ImmovableAssets #ITAT #Section50C #TaxNews #Taxscan Read more at:
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@vkaprofessional
Vineet Kapoor
10 years
The amendment in section 50C of the Income-tax Act, 1961, will become effective next year https://t.co/56WCbyswof #SECTION50C #STAMPDUTY
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@micecareer
CA Manoj Kumar Jain
7 years
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@abcaus
ABCAUS
5 years
Income Tax Relief to home buyers of deeming fiction u/s 43CA / 56(2)(x) #homebuyers #incometax #section43ca #section50c #AatmaNirbharBharat
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@abcaus
ABCAUS
5 years
Section 50C not apply to transfer of leasehold right in plot of land - ITAT #IncomeTax #TaxLaws #TaxJudgments #TaxNews #ITAT #TaxUpdates #Section50C
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@taxtmi
Tax Management India
5 months
Tax appeal: s.50C addition set aside; third proviso 10% retrospective tolerance applied; s.54EC relief allowed - ITAT allowed the appeal: the Revenue's addition under s.50C was rejected and the third proviso's 10% tolera... https://t.co/99tsMY14Lo #Taxlaw #Section50c #Section54ec
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@abcaus
ABCAUS
6 years
Addition made in original assessment proceedings u/s 143(3) and deleted by ITAT cannot be made again in assessment proceedings u/s 153A #incometaxdisallowance #Section54FExemption #Section50C #Incometax #taxlaws #taxjudgments #itat
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@tax_scan
Tax Scan
1 year
Procedure u/s 50C must follow while Sale consideration differs from Stamp Value: ITAT [Read Order] #itat #section50c #sale #stampvalue #taxscan #taxnews Read More:  https://t.co/as43efvrVo
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