Regarding Capital Gains

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  1. Nageswar7796

    Nageswar7796 New Member

    In a Joint Development Agreement for construction of flats on 60:40 basis between Land owner ans a Developer, what is the date of acquisition of flats (for the purpose of charging capital gain) for the land owner who is not getting anything at the time of entering into agreement but after construction he will get his share of flats
     
  2. ZED

    ZED Well-Known Member

    It will depend upon drafting of the agreement ,and to some extent the jurisdiction. You should take proper consultancy in this regards, there are many factors to be considered.
     
    Nageswar7796 likes this.
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