Capital Gain liability of Landowner
This query is : Resolved
Tapash Kumar Biswas
(Querist)
06 December 2025
I have a JDA with the Developer on 19.04.2013 with ( 45% of mine as a Land owner and 55% of Developer). Developer complete the project in the Year 2023-24. Completion Certificate received on 22.04.2023. After that the Developer start to pay the consideration to me in the Year 2023-24 and 2024-25.
I know that I have to pay CG tax in the Year 2023-24 but what about the consideration money received in the Year 2024-25. Is CG tax are applicable on this ??? if Yes, than what is my COA.
Help me to advice this please
I know that I have to pay CG tax in the Year 2023-24 but what about the consideration money received in the Year 2024-25. Is CG tax are applicable on this ??? if Yes, than what is my COA.
Help me to advice this please
06 December 2025
Capital Gains apply ONLY in FY 2023–24
(because completion certificate issued on 22.04.2023)
✔ Consideration received in FY 2024–25 is NOT separately taxable.
It is only the remaining part of the consideration already taxable in 2023–24.
✔ Your COA will be indexed up to FY 2023–24.
You do NOT pay capital gains twice.
(because completion certificate issued on 22.04.2023)
✔ Consideration received in FY 2024–25 is NOT separately taxable.
It is only the remaining part of the consideration already taxable in 2023–24.
✔ Your COA will be indexed up to FY 2023–24.
You do NOT pay capital gains twice.
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