Tag Archives: joint development agreement

Transfer takes place when possession of land handed over to builder and not when sale deed is registered in case of joint development agreement

By | September 16, 2016

Held There is a fair disclosure by the assessee regarding the sale of the impugned property. In that assessment year i.e.2006-07, it is said to be accepted by the Department that as there was no transfer of capital asset as an agricultural land. It is not the case of the Department that it was subject… Read More »