Tax Treatment of Corpus Fund received From Builder
dhaval (Student CA IPC / IPCC) (24 Points)
08 August 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195640 Points)
Replied 09 August 2019
Its taxable u/h. capital gains; but at the time of receipt of Completion Certificate.
Kapadia Pravin
(17264 Points)
Replied 09 August 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195640 Points)
Replied 10 August 2019
Yes, and the same can be carried forward during filing of ITR till its taxability.