Income tax on sale of flat received by the Land owner under JDA.
This query is : Resolved
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13 December 2023
When Owner enter JDA and received Cash & Flat both as consideration as per agreements, and if he resold those flats, what would be the cost of acquisition for the flats?
13 December 2023
Indexed cost of acquisition of land.
13 December 2023
Sir not for the land, but for the flats he received & Sold them again? what would be the cost of acquisition?
13 December 2023
The flats received against land so it will be cost of land to be considered.
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