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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Transfer of Development Rights (TDR) - The land and building ...


Transfer of Development Rights Didn't Change Possession or Generate Taxable Income for Assessee.

December 30, 2014

Case Laws     Income Tax     HC

Transfer of Development Rights (TDR) - The land and building earlier in the possession of the Assessee continued to remain with it - even after the transfer of the right or the additional FSI, the position did not undergo any change - no taxable income - HC

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