In a JV, builder gets 3 Flats and owner gets 3 Flats. No cash consideration involved.
if the owner sells all the 3 Flats within 2 years, what would be cost of acquisition (jv agreement May 2020 construction completed and sold in 2022 23)
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Joint venture and cost of acquisition
Replies (4)
Stamp duty value.
The answer is not so simple. little complex.
We have to get cost of construction from the builder, that will be the cost of construction for building and guide line value on the date of purchase ir 1.4 2001
You hv to know the existing rare of the building at that place.
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