31 results for “section 68”+ Section 50C(5)clear
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In the result the appeal of the assessee is allowed for statistical purposes”
Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2009-10 M/S Malvika Agrotech Ito, 2(2), Pvt. Ltd, Indore Plot No.185, Sector-1, Pithampur, Dhar (Appellant) (Respondent ) Pan No.Aaccm6451G Revenue By Shri P.K. Mitra, Sr. Dr Assessee By Shri C.P. Rawka,Ca Date Of Hearing 10.09.2018 Date Of 19.9.2018 Pronouncement
Section 50C of the act at Rs.78,04,301/-. It was contended by the assessee before the assessing officer that no addition should be made u/s 50C of the Act by way of applying the value adopted by the Stamp Valuation Authority as the alleged industrial land was a disputed land and was encroached by other persons