PGBP & CG

43CA is for business and professional and 50c is for capital gain.....

if stock in trade then 43ca ...... for developers

and if capital asset then 50c.....

Both the provisions provide that where the value of apparent consideration is lower than the value as per circle rate adopted for the stamp duty payment, the difference between the value as declared in the agreement and the circle rate, becomes taxable in the hands of the seller. If it is a business asset, the same becomes taxable as business income and if capital asset it becomes taxable as capital gains.