Developer

Shivji shaw (Business ) (5 Points)

25 December 2024  
One of my clients gives his portion of land to the promoter for construction and gets one flat and signs a Development Agreement & Development Power of Attorney in 2020 and after the flats are ready, the developer sells each flat And whatever flat the developer is selling, also showing it in my client's AIS, so Developer is receiving consideration. Then is it Capital gain of my clients ?