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Section 50C

This query is : Resolved 
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(Querist)
21 December 2009 Whether IT Section 50C is applicable on block of assets / depreciable assets
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
21 December 2009 Yes, for land and building it is applicable even if used for business
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
21 December 2009 agree
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
21 December 2009 yes
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Baju Joy

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Baju Joy (Querist)
22 December 2009 Thanks for your Valuable openion

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