Hey can you please tell me why did they consider net sale consideration as 9200000 for calculation of exemption as it will be10400000 right??

Question

Your_ · Answer

Net sales consideration lena hai barobar

Jatin · Answer

As per Sec 50c fvoc hmari sdv bn rhi h and as per sec 54F likha hua h net sale consideration Lena h calculation me isliye

Your_ · Answer

It should be 8300000×7000000/10400000

Pyarasani · Answer

But they have considered net sale consideration as 9200000 for exemption calculation

Pyarasani · Answer

Sdv is more than 110% of consideration only

Your_ · Answer

FVOC If SDV is more than 110% of consideration then FVOC shall be SDV If 110% of consideration is more than SDV then FVOC shall be consideration

6 answers