Non registration of Joint Development Agreement – No capital gain Taxation even if possession handed over
as advances or loans, which form a distinct category of financial transactions.”
Punjab & Haryana High Court in the case of Pr. CIT Vs Dr. ...
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Posts tagged "JDA"
JDA – Income Tax Liability arises at the time of issue of completion certificate.
Joint Development Agreement: Income Tax Liability arises at the time of issue of completion certificate.
Concept of Joint Development Agreement : It is the registered agreement in which person owning land enter into agreement with another person to develop a ...
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Taxation of Joint Development Agreement [JDA]
Taxation of Joint Development Agreement [JDA]
“Hardest thing to understand is income tax”- Albert Einstein.
“Income tax is leviable only on receipt of income” is the normal presumption of the taxpayer. It’s not always correct. Actual receipt of income is not the ...
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Section 45(5A) – New Simplified mode of Taxation of Joint Development Agreement
New sub-section (5A) is insert in section 45 by the Finance Act, 2017, w.e.f. 1-4-2018 to tax joint Development agreement. An easy and simple worded section reads as under : Section 45(5A)
(5A) Notwithstanding anything contain in sub-section (1), where the ...
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Date of signing the joint Development agreement is not fully relevant for determining the Capital Gain Tax liability !!
CIT vs. Dr. Arvind S. Phake (Bombay High Court)
Section 2(47)(v): Immovable property is regard to have been transferr on the date of execution of the Development. Agreement and irrevocable General Power of Attorney only, if the terms indicate that ...
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