VIEW |New Income Tax Bill: A deep dive into the reforms
The much-awaited Income-tax Bill, 2025 (Bill) which is proposed to be effective from April 1, 2026, has been laid before the ...
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Section 50C Inapplicable to Tenancy Transfers: ITAT Mumbai
Mumbai dismissed the Revenue’s appeal in ITO Vs Abdul Aziz Abdul Kadar, ruling that Section 50C of the Income Tax Act, 1961, does not apply to tenancy right transfers. The appeal, filed by the Revenue ...