Capital gain - JDA - Transfer of capital asset - There is no ...

Capital Gains Case: Lack of Documentation on Possession Delivery Invalidates Revenue's Assumption in Joint Development Agreement.

October 26, 2018

Case Laws Income Tax AT

Capital gain - JDA - Transfer of capital asset - There is no document by which the revenue can come to the conclusion that there was delivery of possession. The mere fact that development of the property cannot be done without possession cannot be the basis to come to a conclusion that possession was delivered in part performance of the agreement for sale.

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Capital gain - JDA - Transfer of capital asset - There is no ...

Capital Gains Case: Lack of Documentation on Possession Delivery Invalidates Revenue's Assumption in Joint Development Agreement.

October 26, 2018

Case Laws Income Tax AT

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