About this document

Income Tax Valuation: Sections 50C & 50CA by Vaibhav Jain is a document available to read on EtoBox.

Section 50C, 50CA, 50D, and 56(2)(x) of the Income Tax Act relate to the valuation of assets and taxation of transactions involving the transfer of assets. Section 50C deals with the deemed full value of consideration for transfers of land and buildings. Section 50CA relates to transfers of unquoted shares. Section 50D applies when the consideration received cannot be determined. Section 56(2)(x) taxes the receipt of property or money without or for inadequate consideration.

Author

Vaibhav Jain

Language

EN