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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Long term Capital gain (LTCG) - transfer of property under a ...


No LTCG Tax on Property Transfer via Development Agreement Without Consideration in Relevant Year.

August 23, 2018

Case Laws     Income Tax     AT

Long term Capital gain (LTCG) - transfer of property under a development agreement - in the absence of any consideration received by the assessee in the impugned assessment year the assessee cannot be subjected to long term capital gain on execution of development agreement.

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