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Sale of Leasehold Rights taxable and Section 50C applicable

Tags: plot assessee

Assessee was allotted a residential Plot on 19.01.2004 in Sector-105, Noida through lottery on payment of allotment money of Rs.1,30,000/-. The total purchase price of the plot was Rs. 16,75,000/-. 2. The assessee on 28.02.2004 entered into an Agreement to sell in respect of this plot with M/s Rosebud Construction Pvt. Ltd through its Director […]



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Sale of Leasehold Rights taxable and Section 50C applicable

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