Capital gain

sourav (none) (58 Points)

23 February 2017  

When land is given to builder for construction and in return he gets two floor of the building constructed.The entire building cost would be borne by the builder and would two floors of the building in return and the remaining three floor will be in the complete ownnership of the owner. Please advise the incidence of capital gain tax for the purpose. The Agreement is being made in the AY 2016-2017.