Can u tell me what shall be the Tax treatment of the following benefits/gains in the hands of the
tenant in case of Redevelopment of Old Building:-
a) The amount of corpus fund received directly from the builder/developer.
b) The amount of corpus fund received from the Association, if any formed by the society.
c) The incremental area received more than 300sq. ft (as per Law.
d) The rent received for Alternate Accommodation.
Thanx.
CAclubindia
