Valuation Officer, and the provisions of section 50C and sub-section (15) of section 155 shall, as far as may be, apply in relation ... those sections: [Provided also that in case of property being referred to in the second proviso to sub-section (1) of section 43CA, the provisions
Section 43CA in The Income Tax Act, 1961
43CA. [ Special provision for full value of consideration for transfer of assets other than capital assets ... certain cases. [Inserted by Act 17 of 2013, section 10 (w.e.f. 1-4-2014).]
(1) Where the consideration received or accruing
Section 14 in The Finance Act, 2018
14. Amendment of section 43CA.
- In section 43CA of the Income-tax Act, with effect from
Section 15 in The Finance Act, 2018
15. Insertion of new section.
- After section 43CA of the Income-tax Act, the following section shall
Section 10 in Finance Act, 2013
10. Insertion of new section 43CA.
- After section 43 C of the Income-tax Act, the following section shall ... inserted with effect from the 1st day of April, 2014, namely:- "43CA. Special provision for full value of consideration for transfer of assets other than
Section 24 in THE FINANCE ACT, 2021
24. Amendment of section 56.
In section 56 the Income-tax Act, in sub-section (2), in clause ... property being referred to in the second proviso to sub-section (1) of section 43CA, the provisions of sub-item (ii) of item (B) shall
Section 12 in THE FINANCE ACT, 2021
12. Amendment of section 43CA.
In Section 43CA of the Income-tax Act,- (a) in sub-section
appreciate that sub- section 1 of section 43CA is in parameteria with
sec. 50(C)(1) of the Act except that sec.43CA(1) applies ... section 43CA, section 50C and section 56
16 .1 Before amendment by the Act, for computing income from business profits (section
43CA), capital gains (section
addition
of Rs. 20,38,324/- while invoking the provisions of section 43CA of the Act.
2. Briefly stated, the facts of the case ... DCIT, Jaipur
(2) The provisions of sub-section (2) and sub-section (3) of section 50C shall,
so far as may be, apply in relation
otherwise.
5.4. The ld AO applied the provisions of section 43CA of the Act in all the
14 properties registered inspite of the fact that ... assessee submitted before the ld CITA that the provisions of
section 43CA of the Act are applicable only from Asst Year 2014-15 and
that
