Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 March 2018
i was give my land to builder for developed in joint venture in ratio of 50 %, he give some cash and 10 flat , so i want to ask what is role of capital gain in this case and how it calculate.
Thank you,
Thank you,
06 March 2018
Total consideration shall be fair market value of 10 flats plus cash that you will receive. It shall be chargeable to tax in the year when the Completion Certificate will be received by you
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