my client has given property for development.but in AIS it was shown as sale of building or land.
Menu
Property given for development
Replies (1)
Yes, it is sale of the old property in exchange of part of new developed property. It is known as barter exchange.
Recent Topic
- INCOME RECEIVED FROM COMPANY FOR ELECTRIC POLLS
- ITR Processing By CPC Now Super Fast - Much apprec
- Abroad Jobs
- Professional Income in 44AD
- Presumptive taxation
- Claiming Pre Possession Home Loan Interest
- Tax on Pension from EPFO
- Indexation of Sale of Property under New Regime
- TDS ON RENT BY TENANT
- Forward tax charge gst related
Related Topics
CAclubindia
