Capital Gains Tax
This query is : Resolved
02 June 2007
Company A sells its office premises whose market value is Rs.9 crores to a person holding beneficial interest in the company at Rs.3 cores which is higher than the guidance value for payment of stamp duty under Section 50 C of the Income tax act. Kindly clarify:
The tax implication on company And also on the buyer.
The tax implication on company And also on the buyer.
02 June 2007
The SC juddment of K.P.Verghese , will answere your querry
11 June 2007
The above Judgementmust have answered your query...
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