Capital gains taxed only on profits from selling built-up areas in multi-story developments per income tax laws. https://www.taxtmi.com/highlights?id=19043 Accrual of capital gain - property given for development of a multi-storied - Only the profits accrued on the sale of the built up area during the year shall be subject to tax - AT en-us Thu, 26 Jun 2014 19:35:02 +0530 Thu, 26 Jun 2014 19:35:02 +0530 TaxTMI RSS Generator Capital gains taxed only on profits from selling built-up areas in multi-story developments per income tax laws. https://www.taxtmi.com/highlights?id=19043 Accrual of capital gain - property given for development of a multi-storied - Only the profits accrued on the sale of the built up area during the year shall be subject to tax - AT Highlights Income Tax Thu, 26 Jun 2014 19:35:02 +0530 https://www.taxtmi.com/highlights?id=19043