Word ‘assessable’ inserted in section 50C w.e.f. 01/10/2009

Table of Contents▸ Smt. Alka Jain Vs ACIT (ITAT Delhi) Word 'assessable' has been inserted in section 50C w.e.f. 01/10/2009 Addition for enhanced consideration adopted by AO not justified if made without any document supporting document Smt. Alka Jain Vs ACIT (ITAT Delhi) Word ‘assessable’ has been inserted in section 50C w.e.f. 01/10/2009 Provisions of section 50C the word “ assessable” after the word “ assessed” has been inserted with effect from 01/10/2009. According to the learned Counsel, the word “assessable” inserted in section 50C with effect ...