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Capital Gain liability of Landowner

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This query is : Resolved

Tapash Kumar Biswas (Querist)
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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

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)
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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.

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