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![Section 50C applicable Only on Transfer of Immovable Property Compared with Stamp Duty Value: ITAT [Read Order] Section 50C applicable Only on Transfer of Immovable Property Compared with Stamp Duty Value: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/500x300_2100829-section-transfer-of-immovable-property-stamp-duty-value-itat-taxscan.webp)
Section 50C applicable Only on Transfer of Immovable Property Compared with Stamp Duty Value: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that Section 50C of the Income Tax Act,1961 applies only when there is a transfer...


![Cash Receipt of Less than Rs. 2L from different Persons on different Dates would not attract S. 269ST of Income Tax Act: ITAT deletes Penalty [Read Order] Cash Receipt of Less than Rs. 2L from different Persons on different Dates would not attract S. 269ST of Income Tax Act: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Cash-Receipt-of-Less-Different-Persons-on-Different-Dates-would-not-attract-of-Income-Tax-Act-ITAT-deletes-Penalty-TAXSCAN.jpg)