Received Goodwill: Tax Treatment

Party received Goodwill from Joint Developer: 30 Lakhs

Under which head of Income to be shown
Replies (6)
Quick Summary
This discussion clarifies the tax treatment for goodwill received from a joint developer, valued at 30 Lakhs. The consensus is that this should be treated under Capital Gains. The applicable tax rate depends on whether it's a Long Term Capital Gain (LTCG), taxed at a flat 20%, or a Short Term Capital Gain (STCG), taxed at normal income rates.

I think under capital gains
Capital Gains Tax rate please
If LTCG @ 20%, if STCG @ normal rates.
Capital gains. tax rate for CG will be 20% flat.
Please send me anyone salary payslip format please
20% LTCG

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Follow