Thursday, March 6, 2014

[aaykarbhavan] Land and buildings can't be treated as separate assets for sec. 50C, their aggregate value to be assessed



Land and buildings can't be treated as separate assets for sec. 50C, their aggregate value to be assessed

March 6, 2014[2014] 42 taxmann.com 182 (Andhra Pradesh)
IT : For purpose of section 50C land and building are not to be considered as separate assets and their joint valuation is to be adopted

 
Regards
Prarthana Jalan


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