Joint development and income tax complications
Geshman (CA Final) (71 Points)
03 September 2016Geshman (CA Final) (71 Points)
03 September 2016
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 03 September 2016
1. Capital Gains. Unless the land transferred to stock in trade.
2. Depending upon the agreement between the owners for Joint development.
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