Effective date of transfer - transfer of property in joint venture

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Effective date of transfer - transfer of property in joint venture
Query (Issue) Started By: - Avaneesh Dvivedi Dated:- 19-11-2007 Last Reply Date:- 24-11-2007 Income Tax
Got 1 Reply
Income .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Tax
WHAT IS the actual date of transfer as per IT ACT in the case of transfer of property in the case of joint venture. FACT OF THE CASE: Assesee made an agreement with a builder to cnstruct a spac .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e for him IN HIS LAND.The builder can develop the property as big building in the assessees land and can sell the balance blding space in consideration of such constructin for the asessee.Agreement wa .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s on 5-4-2003. The built up area was transfered on 15-5-2005.waht wil be the acua date of ransfer.whether date of agreement or date of getting the buildup space back. Reply By Surender Gupta: The Rep .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ly: It depend on the nature and manner in which agreements are being executed. Apparantly, actual date of sale of building space shall be the date of transfer of property.
Discussion Forum - Knowl .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... edge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X