Capital gains tax in case of joint venture


This query is : Resolved 

(Querist)
14 August 2013 Dear Sir,

A person entered in to agreement of joint venture,for developing houses, wherein the share of landlord and developer is 40 : 60,
My quiery is for the purpose of calculaiton of Capital Gain shall we take full 100% of stamp duty value or only 40% of stamp duty vale on date of agreement.

tahnking in advance,

regards
mani

14 August 2013 You should take stamp duty of only 40%.


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