Tuesday, February 10, 2015

[aaykarbhavan] Transfer of rights in land takes place when developer takes its possession and initiates development work



Transfer of rights in land takes place when developer takes its possession and initiates development work

February 10, 2015[2015] 53 taxmann.com 522 (Bombay)
IT : Where developer took possession of assessee's land and started development work, said transaction was to be treated as transfer of right in property covered under section 2(47)(v)
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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