section 50c query
Ankush (Student) (1369 Points)
15 October 2018
is section 50c compulsorily applicable in case of joint development agreement?
2 Replies
Gauthami
(Student CA Final )
(431 Points)
Replied 15 October 2018
50C is applicable in cases where sales consideration is less than stamp duty value...if the land or building for which you are entering in aforesaid case then 50c is applicable
VAIBHAV CHATURVEDI
(CA ARTICLE)
(143 Points)
Replied 16 October 2018
check 45(5A) for JDA agreements
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