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Income for pgbp

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(Querist)
01 July 2013 if a builder sell his flat at a lower rate than the other customer.. what is the treatment of that transaction under head PGBP..
please clarify it with section reference..
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
01 July 2013 No specific treatment is required as the transaction passes through trading, profit & loss a/c
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kunal

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kunal (Querist)
01 July 2013 what are the implications of section 43CA??
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
01 July 2013 this provision is applicable w.e.f. 1.04.2014
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kunal

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kunal (Querist)
02 July 2013 2014-15 A/Y 0R F/Y??

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