HOW TO SHOW CAPITAL GAIN UNDER JDA IN ITR-2

This discussion addresses how to report capital gains arising from a Joint Development Agreement (JDA) in Income Tax Return 2 (ITR-2) for the financial year 2022-23. It clarifies that indexation on the purchase value should be calculated up to the date of the agreement, as per Section 45(5A). The conversation highlights that while the declaration might relate to the possession year, the capital gains calculation uses figures from the sale date of the old property, indexed up to the relevant financial year.