Long Term Capital Gain u/s 45 - transfer u/s 2(47) - vacant land ...
Case Laws Income Tax
August 13, 2013
Long Term Capital Gain u/s 45 - transfer u/s 2(47) - vacant land - Possession given by the society to the developer under joint development agreement - irrevocable general power of attorney which leads to over all control of the property in the hands of the Developer, even if that means no exclusive possession by the Developer would constitute transfer - AT
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