Section 45(5A) - Special provisions for computation of capital gains in case of joint development agreement

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Full Text of the Document

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....or building or both, under a specified agreement, then the capital gains shall be chargeable in the previous year in which the certificate of completion of the whole or part of the project is issued by the competent authority, and the stamp duty value, on the date of issue of certificate, of his share, as increased by the consideration received in cash any consideration received in cash or by a ch....