What shall be the tax treatment in the hands of a Company on receipts of Flats under Joint Development Agreement?
And the Taxability will arise in which year? year of signing JDA or year of receipt of possession?
It it is not company's business then Capital gain.
In the year of completion of project.
SSGS and Associates
Chennai
CA Inter
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Aggarwal Sarawagi and Co
New Delhi
CA
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