Tdr
This query is : Resolved
28 September 2013
Hai sir,
Kindly explain the TDR ( transferable Development Reserve) Concept in Brief And tax treatement for the Same
Kindly explain the TDR ( transferable Development Reserve) Concept in Brief And tax treatement for the Same
29 September 2013
Transfer of Development Rights (TDR) means making available certain amount of additional built up area in lieu of the area relinquished or surrendered by the owner of the land, so that he can use extra built up area either himself or transfer it to another in need of the extra built up
area for an agreed sum of money..
go thru this for more details..
http://218.248.45.169/download/engineering/TDR-website%2001.pdf
area for an agreed sum of money..
go thru this for more details..
http://218.248.45.169/download/engineering/TDR-website%2001.pdf
30 September 2013
Thanks Sir
08 October 2013
The seller of TDR is liable to pay tax on the basis of holding of TDR rights. It may be LTCG or STCG. The definition has been explained by the expert and I agree with him
17 October 2013
Agreed with aryan.
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