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Income Tax - Highlights / Catch Notes

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Transfer - Development agreement - unless there is willingness ...


Developer Obligations Key to Asset Transfer in Development Agreements: Section 2(47)(v) of Income Tax Act Explained.

April 9, 2015

Case Laws     Income Tax     AT

Transfer - Development agreement - unless there is willingness on the part of the Developer to perform his part of the Contract, there cannot be a transfer of capital assets as envisaged u/s 2(47)(v) r.w.s. 53A of the Transfer of the Property Act - AT

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