Capital gain

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When land is given to builder for construction and in return he gets two floor of the building constructed.The entire building cost would be borne by the builder and would two floors of the building in return and the remaining three floor will be in the complete ownnership of the owner. Please advise the incidence of capital gain tax for the purpose
Replies (5)

From April 2017, the treatment is going to be changed, so clarify when your development agreement is going to be registered?

Agree with Sir

Plz elaborate 

Sir the agreement is registered in AY 2016-2017 itself.

then you go with old procedure

Please specify


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