No Capital Gains Tax on Land Transfer: No Actual Transfer Occurred Under Development Agreement (Section 2(47)(v) Income Tax Act.

Capital gain - transfer of land within the meaning of Section 2(47)(v) - As no transfer of the said land had taken place under the Development Agreement, the occasion to compute capital gains as proposed, would not arise. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X