Capital Gain

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..... Capital Gain
Query (Issue) Started By: - Ethirajan Parthasarathy Dated:- 20-5-2025 Income Tax
Income Tax
Section 45 (5A) of Income tax provides formula for levy of capital gain tax for land .....

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..... owner who develops the property through registered JDA . The section provides that capital gain will be levied in the previous year in which certificate of completion is issued by the competent autho .....

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..... rity and the consideration will be arrived as "stamp duty" value on the date of issue of completion certificate of the share of landlord received from the developer. My related queries are * Whethe .....

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..... r the consideration methodology prescribed in the said section is subject to section 50C of income tax Act or not withstanding sec 50C. * There are many small projects developed through JDA and ther .....

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..... e is no statutory requirement for issue of completion certificate for such small property. How to determine the year in which tax is to be paid in such cases. * It is not clear when and what value t .....

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..... he capital gain tax is to be paid for projects developed though "Unregistered " JDAs
Discussion Forum - Knowledge Sharing .....

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