https://www.taxtmi.com/forum/issue?id=120902 A corporate assessee entering a revenue-sharing Joint Development Agreement over long-term land may face capital gains taxation if the arrangement amounts to a transfer, because the deferment available for certain JDAs is stated to be unavailable to a company. Tax liability may arise when possession or enforceable development rights are created, even if receipts come later. The discussion also notes possible fair market value or stamp duty value issues, and a risk that the arrangement may be treated as business income if structured as an active commercial venture. en-us Mon, 04 May 2026 18:41:57 +0530 Tue, 19 May 2026 12:28:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120902 A corporate assessee entering a revenue-sharing Joint Development Agreement over long-term land may face capital gains taxation if the arrangement amounts to a transfer, because the deferment available for certain JDAs is stated to be unavailable to a company. Tax liability may arise when possession or enforceable development rights are created, even if receipts come later. The discussion also notes possible fair market value or stamp duty value issues, and a risk that the arrangement may be treated as business income if structured as an active commercial venture. Discussion-Forum Income Tax Mon, 04 May 2026 18:41:57 +0530 https://www.taxtmi.com/forum/issue?id=120902