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Income Tax - Started By: - UpendraKumar Diwan - Dated:- 19-1-2018 Last Replied Date:- 15-2-2018 - Dear SirsMr Vinod Kumar had 1500 Sq metre land as a form house in Bhopal. Mr Vinod Kumar had a Joint Development Agreement with a builder in Dec 2013 to .....
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for Mr Vinod Kumar . He is not going to sell this . The builder had given advance of ₹ 51000/- as the signing amount (To be refund at the end of project to Builder) What will be his tax liabilities on possession of houses in the form of capital .....
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en to the Landowner less the cost of acquiring the 65% land given to Builder. The year of taxation under capital gain is the year in which the property is transferred.Which time the cost of acquiring the 65% land given to Builder is to be calculated? .....
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