For appeal
This query is : Resolved
10 January 2012
I want to file appeal against order pass by AO u/s 50c of Income Tax Act 1961.
Fact of Case:-
I had Sold a Property of Rs.22,00,000/- but Value determined by AO as per municipal Valn of Rs 64,00,000/- but AO Taxed as CG u/s 50c
help me for Appeal proceeding.
Fact of Case:-
I had Sold a Property of Rs.22,00,000/- but Value determined by AO as per municipal Valn of Rs 64,00,000/- but AO Taxed as CG u/s 50c
help me for Appeal proceeding.
11 January 2012
UNDER 50C OF INCOME TAX ACT, SALE CONSIDERATION FOR A PROPERTY SHALL BE THE VALUE WHICH IS TAKEN FOR PAYMENT OF STAMP DUTY. AO IS CORRECT WHEN MUNICIPAL VALUE IS THE VALUE ADOPTED FOR STAMP DUTY PAYMENT
19 May 2012
can we file appeal regarding to approch valuation office.???????
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Payment of bonus act - notice pay recovery
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
