Coimbatore Pioneer Trading & Warehousing Limited Vs DCIT (ITAT Chennai)
Case ke facts
Company ne property becha tha. Sale consideration registration se pehle hi fix ho gayi thi. Board resolution, bank advance, aur BIFR proceedings sab lagaye the.
Mudda (Issue)
Kya Section 50C se addition ho sakti hai jab sale value registration se pehle decide ho gayi ho?
Faisla (Held)
ITAT ne section 50C ka addition hata diya kyunki pehle hi evidence se price decide ho gayi thi. Registration date se nahi dekhenge.
Practical takeaway
Agar property ka rate registration se pehle board resolution, bank se proof, ya BIFR approval me hai to Section 50C ke daayre se bach sakte hain. Poora documentary proof dikhana padega.
Original report: TaxGuru
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Yeh summary public report par aadhaarit general jaankari hai, legal advice nahi. Poora faisla padhne ke liye original source dekhiye. Published on cgaindia.com: 2026-10-03.