Capital Gain Tax On Compromise Decree

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This discussion explores the Capital Gains Tax implications of a compromise decree involving land. A legal owner is transferring 9 acres via a decree without monetary compensation and selling the remaining 10 acres. The core question is how to calculate proportionate Capital Gains Tax when one portion is a gift through a decree and the other is a sale, especially since no sale deed is involved in the decree itself.

CMA Omkar.TIlve

CMA Omkar.TIlve (Querist)
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02 August 2020 A non blood related party (40yr tenancy) had illegally occupied 19 acres of land. Court Case went on for almost 16 years..now both parties want to compromise in Which the legal owner is parting of 9 acres of land to the other party through court registered compromise decree and selling the remaining 10 acres through sale deed

What's is the taxablility of land given through compromise decree (owner not getting any money)