https://www.taxtmi.com/forum/issue?id=113504 Computation of capital gains tax where a landowner under a joint development agreement received built up residential units in lieu of land; valuation issues include original cost of acquisition, benchmark guideline values at acquisition and transfer, and constructed property rates. The owner intends to retain two units for residence and gift one unit, raising questions about tax treatment of residential retention, gift transfers, and valuation when consideration is in kind. The recorded reply advises consulting a practising tax professional to compute tax after furnishing full documents and facts. en-us Wed, 21 Mar 2018 13:24:42 +0530 Thu, 23 Jan 2025 15:55:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113504 Computation of capital gains tax where a landowner under a joint development agreement received built up residential units in lieu of land; valuation issues include original cost of acquisition, benchmark guideline values at acquisition and transfer, and constructed property rates. The owner intends to retain two units for residence and gift one unit, raising questions about tax treatment of residential retention, gift transfers, and valuation when consideration is in kind. The recorded reply advises consulting a practising tax professional to compute tax after furnishing full documents and facts. Discussion-Forum Income Tax Wed, 21 Mar 2018 13:24:42 +0530 https://www.taxtmi.com/forum/issue?id=113504