how is tax calculated on joint development agreement
Ranjana Kumari (35 Points)
26 August 2018
how is tax calculated on joint development agreement.pl somebody brief.
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 Points)
Replied 27 August 2018
As per the amended section after finance bill 2017, the land lord has to pay capital gain tax after obtaining completion certificate from the competent authority.
The value of consideration is higher of either stamp duty value or the amount received from the prospective buyers.
The proviso also stated that in case if the land lord transfers his share before obtaining completion certificate, the capital gain is to be chargeable to tax in the year in which such transfer was made.
Recent Topics
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
Related Threads
CAclubindia
