Computation of Period of holding - Transferable Development ...

Case Laws Income Tax

August 13, 2019

Computation of Period of holding - Transferable Development Rights(TDR) - for the purpose of determination of period of holding, the holding of the TDR from the date of acquisition of property by the municipal authorities has to be considered, not from the date, when MOU was cancelled, then the period of holding of the asset is more than 36 months and hence, surplus is rightly assessable under the head lTCG

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Computation of Period of holding - Transferable Development ...

Case Laws Income Tax

August 13, 2019

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