An assessee owns a land,lets a person to develop flats on it.When completed,the developer makes payment of Rs.25,00,000/- with a flat there only.Remaining flats sold to the various.
My question arises is that flat also counted as a consideration or if it so then whether we will take M.V. as consideration???
hey thanx buddy!!!!!!
What is the tax rate on short term capital gain on commodity trading
i think its 15 %.......
CAclubindia
