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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Land transferred to the developer under the JDA as per section ...

Case Laws     Income Tax

December 25, 2014

Land transferred to the developer under the JDA as per section 2(47)(v) or not - the moment the owners have handed over the possession to the developer a right to receive the developed area would accrue to the owners - it is a consideration in kind, which has a value, which can be worked out - AT

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