Joint Development Agreement Triggers Capital Gains Tax under Income Tax Act Section 2(47) for 50% Built-up Area Share.

Joint Development Agreement Triggers Capital Gains Tax under Income Tax Act Section 2(47) for 50% Built-up Area Share. https://www.taxtmi.com/highlights?id=15956 Capital gains - transfer u/s 2(47) - Assessee entered into JDA agreement - As per the agreement, the assessee is entitled for 50% of built up area - held as liable to tax as capital gains - AT en-us Thu, 21 Nov 2013 16:30:44 +0530 Thu, 21 Nov 2013 16:30:44 +0530 TaxTMI RSS Generator Joint Development Agreement Triggers Capital Gains Tax under Income Tax Act Section 2(47) for 50% Built-up Area Share. https://www.taxtmi.com/highlights?id=15956 Capital gains - transfer u/s 2(47) - Assessee entered into JDA agreement - As per the agreement, the assessee is entitled for 50% of built up area - held as liable to tax as capital gains - AT Highlights Income Tax Thu, 21 Nov 2013 16:30:44 +0530 https://www.taxtmi.com/highlights?id=15956