2017 (11) TMI 922

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..... er hereby confirmed [2017 (5) TMI 260 - PUNJAB AND HARYANA HIGH COURT] HC has held that the possession delivered, if at all, was as a licencee for the development of the property and not in the capacity of a transferee. In view of cancellation of JDA no further amount has been received and no action thereon has been taken. It was urged that as and when any amount is received, capital gains tax .....

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