Specified Agreement defines landowner developer share arrangements as consideration for transfer under sub section 5A of the Income Tax Act. A Specified Agreement, for purposes of sub section 5A of section 45 of the Income tax Act, is a registered agreement in which a person owning land or building permits another to develop a real estate project thereon in consideration of a share - being land or building or both in such project - whether with or without part payment in cash.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Specified Agreement defines landowner developer share arrangements as consideration for transfer under sub section 5A of the Income Tax Act.
A Specified Agreement, for purposes of sub section 5A of section 45 of the Income tax Act, is a registered agreement in which a person owning land or building permits another to develop a real estate project thereon in consideration of a share - being land or building or both in such project - whether with or without part payment in cash.
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