In the result, this appeal of assessee is allowed for statistical purposes
Bench: Ms. Suchitra Kamble & Shri B.M. Biyani
gain at Rs. Page 5 of 9 M/s Omprakash Mittal Assessment year 2017-18 11,38,020. Section 50C is a deeming provision wherein the fair market value for sale consideration received on an asset is deemed to be taken as per the value assessed or adopted by the stamp valuation authority for the purpose of stamp duty. Sub- section