Section 45(5A)

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5 Points Joined July 2018
What if Co. has entered into joint development agreement and received flats as a share in an agreement, taxability regarding capital gains on flats??
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On 19 July 2018 at 23:47 Report
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SEO Sai Gr. Hosp.
208770 Points Joined July 2016

Yes, when completion certificate obtained, or any flat sold during construction period......... whichever earlier..

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On 20 July 2018 at 08:45
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5 Points Joined July 2018
What will be then COA for such flats??
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On 23 July 2018 at 23:04
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SEO Sai Gr. Hosp.
208770 Points Joined July 2016

The stamp duty value of the Flat/s on the date of issuing of said certificate of completion given to the land owner shall deemed to be COA .

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On 24 July 2018 at 08:19
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5 Points Joined July 2018
What if Flats are sold before obtaining completion certificate, then what will be the COA?
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On 24 July 2018 at 12:43
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SEO Sai Gr. Hosp.
208770 Points Joined July 2016

Sell price of the flat or stamp duty value whichever higher........

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On 24 July 2018 at 12:55


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