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![Section 50C Applicable to Sale of Leasehold Rights, says ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Section 50C Applicable to Sale of Leasehold Rights, says ITAT Delhi [Read Order]")
Section 50C Applicable to Sale of Leasehold Rights, says ITAT Delhi [Read Order]
In ITO v. Sh. Chander Sekhar, the ITAT Delhi held that income earned from transfer of leasehold rights is chargeable to Income Tax under section 50C...